Upcoming IPO: When Will Tata Capital IPO Be Launched? NBFC Giant Plans to Raise Rs 1,700 Cr This Month

Upcoming IPO: Leading Non-Banking Financial Corporation (NBFC), Tata Capital, has completed its roadshow and may bring its initial public offering (IPO) in the first half of October, reported news agency PTI.

Tata Capital, with its IPO, aims to raise an estimated Rs 1700 crore (equivalent to $2 billion). Earlier, Tata Capital IPO was scheduled to be launched in September, but later it got extension in its IPO deadline.

When Will Tata Capital Launch Its IPO?

Tat Capital IPO is expected to be launched in the first half of the October, reported PTI citing sources. The NBFC got a timeline of September 30 to list on the stock exchanges. The company recently completed its roadshow before the IPO.

About Tata Capital IPO

Tata Capital IPO will consist of a fresh issue of around 21 crore shares and an offer for sale (OFS) of up to 26.58 crore shares. Which is equivalent to 47.58 crore shares, as per the Draft Red Herring Prospectus (DRHP) filed by Tata Capital last month.
Under Tata Capital OFS, Tata Sons will sell around 23 crore shares, whereas, the International Finance Corporation (IFC) will divest around 3.58 crore shares.
Promoter Tata Sons plans to sell up to 23 crore shares, while International Finance Corporation (IFC) will divest up to 3.58 crore shares. Currently, Tata Sons holds an 88.6% stake in Tata Capital, with IFC owning 1.8%. The IPO follows an RBI mandate requiring large financial entities to list by September's end to enhance transparency and reduce sector risks.
In September 2022, Tata Capital was classified as an upper-layer Non-Banking Financial Company (NBFC). Other firms like HDB Financial and Bajaj Housing Finance have also entered the primary market recently to comply with RBI regulations.
The company plans to utilise the capital raised from the issue to boost its presence in the Tier-1 capital and support lending growth. In Q1 FY26, the company reported a net profit of ₹1,041 crore, more than doubling the ₹472 crore earned in the same period last year.

Tata Capital IPO launch coincides with one of the busiest months for IPOs in India. The country's primary market has seen a sharp revival in August after making a weak start of the year. Recently, Reliance Industries Limited revealed the plans and timeline of the Jio IPO launch. The group is planning to bring Reliance Jio IPO in the first half of 2026.

In 2025, around 52 mainboard IPOs have been listed so far on the Indian stock exchanges. Most of them have performed well, as nearly half of them are trading in green. Key IPO launches in 2025 so far includes Ather Energy, NSDL, Belrise Industries, Vikram Solar, etc.