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At Rs 15.5k crore, Tata Cap IPO to be biggest NBFC offer

contact@dailyupdatesindia.com6 months ago02 mins

MUMBAI: Tata Capital’s Rs 15,511-crore IPO — Tata Group’s biggest-ever and the largest by any NBFC — will be open between Oct 6-8, with anchor bids on Oct 3. Priced at Rs 310–326 a share, the offer values the firm at Rs 1.32–1.38 lakh crore. Investors must bid for at least 46 shares.At the floor,…

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Tata Capital’s Rs 15.5k crore IPO, largest from the group, values firm at Rs 1.38 lakh crore

contact@dailyupdatesindia.com6 months ago02 mins

MUMBAI: Tata Capital’s Rs 15,511 crore initial public offering (IPO) – the largest ever from the Tata group and also by any NBFC – will open on Oct 6. The IPO values the company at between Rs 1,31,591 crore and Rs 1,38,383 crore, based on the price band of Rs 310-326 a share. The issue…

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