Tata Capital IPO Allotment Status To Be Out Soon! Here's How You Can Check Status Online

The share allotment status for the Tata Capital IPO will be out anytime soon. Investors who have been waiting keenly for the allotment can check the status on the websites of BSE, NSE and the issue registrar, MUFG Intime India by following the step-by-step guide provided below.

• Visit the BSE IPO allotment page here - https://www.bseindia.com/investors/appli_check.aspx.

• Choose the issue type as “Equity”.

• Select “Tata Capital Ltd.” from the dropdown menu.

• Enter your application number or PAN (Permanent Account Number).

• Complete the Captcha for verification.

• Click on the “Search” button to check your allotment status.

• Visit the IPO allotment page on the NSE website here - https://www.nseindia.com/invest/check-trades-bids-verify-ipo-bids

• Select “Equity & SME IPO bid details”.

• Pick the company symbol "TATACAP" from the dropdown list.

• Enter your PAN and Application Number.

• Click “Submit” to check your share allotment status.

• Visit the IPO allotment page on the issue registrar’s official website here - https://in.mpms.mufg.com/Initial_Offer/public-issues.html

• Select “Tata Capital Ltd. - IPO” from the drop-down menu for company names. It’s important to note that the company name will only appear after finalisation of the share allotment status. 

• Choose any of these options: PAN, Application Number, DP/Client ID, or Account No / IFSC. 

• Enter the details as per your selection.

• Click on the “Submit” button to check the details.

The company is expected to process refunds for non-allottees on October 10. Shares will be transferred to the Demat accounts of the allottees on the same day.  

Shares of Tata Capital are expected to be listed on the BSE and NSE on Monday, October 13.

The GMP for the Tata Capital IPO stood at Rs 6.5 as of 3:30 p.m. on October 9. It indicates a listing price of Rs 332.5 per share at a premium of 1.99% on the upper limit of the price band. 

Note: GMP does not represent official data and is based on speculation.

The initial public offering (IPO) of Tata Capital was oversubscribed 1.95 times on the third and final day of bidding on October 8. The IPO received bids for 65,12,29,590 shares against 33,34,36,996 offered.

The Qualified Institutional Buyers (QIBs) booked the issue 3.42 times. The Non-Institutional Investors’ (NIIs) category was subscribed 1.98 times. Retail investors booked their quota 1.10 times. 

Tata Capital IPO was a book build issue of Rs 15,511.87 crore. It comprised a fresh issue of 21 crore shares worth Rs 6,846 crore and an offer-for-sale (OFS) of 26.58 crore shares amounting to Rs 8,665.87 crore.

The price band for the IPO was set between Rs 310 and Rs 326 per share.

Tata Capital is a non-banking financial company (NBFC) that offers financial products and services. It is a subsidiary of Tata Sons Ltd.

The company will use proceeds from the IPO to augment its Tier–I capital base to meet future capital requirements, including onward lending.