New Delhi, Oct 6 (PTI) The initial public offer of non-banking financial company Tata Capital Ltd received 39 per cent subscription on the first day of bidding on Monday.
The IPO got bids for 12,86,08,916 shares against 33,34,36,996 shares on offer, according to details available with the NSE.
The quota for Qualified Institutional Buyers (QIBs) got subscribed 52 per cent, while the category for Retail Individual Investors (RIIs) received 35 per cent subscription. The portion meant for non-institutional investors attracted 29 per cent subscription.
Tata Capital on Friday collected Rs 4,642 crore from 68 domestic and global institutional investors, with the anchor book witnessing demand nearly five times higher than the allocated amount.
The company's Rs 15,512 crore public offering will