The board of Tata Capital Ltd. approved listing the company on Indian exchanges through the initial public offering route, showed a filing to the listing departments of BSE and National Stock Exchange.
The IPO will consist of fresh issue of 23 crore shares and offer for sale by certain existing and eligible shareholders of the company, the filing read. Face value of each share will be Rs 10.
The board also approved issuing up to Rs 1,504 crore to existing shareholders of the company on rights basis.
ADVERTISEMENT
(This is a developing story.)
Add us to your Preferences
Set as your preferred source on Google
ADVERTISEMENT
RECOMMENDED FOR YOU
Tata Capital Sets Stage For $2 Billion IPO After Global Roadshows; Valuation Seen At $18 Billion
Sep 02, 2025
Tata Capital To Float $2 Billion IPO In Sept Last Week; Eyes $11 Billion Valuation
Aug 31, 2025
Northern Arc Capital Gets Board Nod To Raise Rs 5,000 Crore Via NCDs
Aug 25, 2025
Oyo To File DRHP In November, Targets $7-8 Billion IPO Valuation: Sources
Aug 25, 2025
POPULAR
1
Saturday Bank Holiday: Are Banks Open Or Closed Today On Sept. 6?
2
Sharing Flood Data With Pakistan On Humanitarian Ground: India
3
Madhya Pradesh To Give 'Fourth-Time Pay Scale' To 1.5 Lakh Teachers Of Government Schools
4
SEBI Cautions Investors Against Fraudulent Communications In Its Name
5