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

Tata Capital’s Rs 15,511-crore IPO, the largest by a Tata Group entity and NBFC, opens October 6-8, priced at Rs 310-326 per share. The offer includes fresh shares for capital and an OFS, valuing the firm at up to Rs 1.38 lakh crore. Management highlights strong retail and SME credit growth, leveraging the Tata brand and robust loan book.