Tata Capital IPO listing date today. GMP, experts signal muted debut of shares in stock market today

By Admin

13 Oct, 2025

Tata Capital Limited, the diversified financial services arm of Tata Sons Pvt Ltd, made its much-awaited debut on the Indian stock exchanges today, October 13, 2025. The company’s equity shares have been listed on both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) under the ‘A’ group of securities.

IPO Listing Details

According to an official notice by the BSE, “Trading Members of the Exchange are hereby informed that effective from Monday, October 13, 2025, the equity shares of Tata Capital Limited shall be listed and admitted to dealings on the Exchange in the list of ‘A’ Group of Securities.” The shares were also part of the Special Pre-open Session (SPOS) and opened for trading at 10:00 AM today.

Subscription and Issue Overview

Tata Capital’s initial public offering (IPO) was open for subscription between October 6 and October 8, 2025, and the IPO allotment was finalized on October 9, 2025. The public issue raised a substantial ₹15,511.87 crore at the upper end of its price band of ₹310 to ₹326 per share. However, despite its strong brand name and diversified business model, the IPO received modest investor demand, recording a subscription rate of 1.95 times in total, as per NSE data.

Grey Market Premium (GMP) Trends

Ahead of its listing, the Tata Capital IPO GMP indicated a subdued market sentiment. As per market observers, the grey market premium dropped to ₹6 per share today, implying that the shares were trading at ₹6 higher than their issue price in the unlisted market. This places the estimated listing price at around ₹332 per share, reflecting a modest 2% premium over the issue price of ₹326.

Analysts’ View: Muted Debut Expected

Market experts predict a neutral to flat listing for Tata Capital shares, given the moderate subscription response and cautious investor sentiment.
“We expect Tata Capital IPO listing to be neutral to flat, given the muted subscription demand and overall cautious investor sentiment. While valuations appear reasonable relative to listed peers, the offer did not witness strong traction during the subscription phase, indicating limited listing-day upside potential,” said Prashanth Tapse, Senior VP (Research), Mehta Equities Ltd.

Long-Term Outlook

Despite the subdued listing expectations, analysts remain positive about Tata Capital’s long-term prospects. The company’s strong brand equity under the Tata Group, along with its diversified presence in retail, corporate, and housing finance segments, positions it well in India’s rapidly expanding financial services sector.

Lead Managers and Registrar

The IPO was managed by Kotak Mahindra Capital Co. Ltd. as the Book Running Lead Manager, and MUFG Intime India Pvt. Ltd. served as the Registrar for the issue.

Conclusion

While Tata Capital’s debut may appear muted in the short term, market experts believe its strong fundamentals and trusted Tata legacy could drive steady growth in the long run. Investors may keep a close watch on the company’s performance post-listing as it navigates India’s evolving financial ecosystem.