The initial public offering (IPO) of Tata Capital, which is the biggest primary issue of 2025, was off to a muted start on Monday as the issue was overall subscribed 21 per cent in the first two hours of bidding. According to the data from BSE, investors made bids for 6,95,73,988 equity shares for the 33,34,36,996 equity shares offered in the IPO as of 11.30 am on October 6. Advertisement

On an individual basis, qualified institutional bidders led the bidding with their quota subscribed a 29 per cent, while retail investors' portion was booked 19 per cent. Allocation for non-institutional investor was subscribed only 13 per cent, while quota for eligible employees was subscribed more than 60 per cent as of the given time.

Tata Capital is raising a total of Rs 15,511.87 crore from its IP

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