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The much-awaited Tata Capital IPO is generating significant buzz in the investment community. As one of India’s leading financial service providers, Tata Capital’s entry into the stock market is expected to be a landmark event. This article delves into all the crucial details about the IPO, including the Tata Capital IPO date, Tata Capital IPO price, and more.
The table and graph above illustrate Tata Capital’s financial performance for FY23 and FY24:
Tata Capital operates as the flagship financial services company of the Tata Group. It provides a wide range of financial products and services, including commercial finance, consumer loans, wealth services, and distribution of Tata Cards. With a vast customer base of 5.2 million and over 900 branches across India, the company boasts a strong market presence.
For the fiscal year ending March 31, 2024, Tata Capital’s revenue surged by 34% year-on-year, reaching ₹18,178 crore, while its net profit was ₹3,315 crore, marking a 12% increase from the previous year. As of October 28, 2024, Tata Capital had a loan book size of ₹1,76,536 crore, showcasing its robust financial performance.
Metric | Value FY23 | Value FY24 |
---|---|---|
Revenue (₹ crore) | 13,570 | 18,178 |
Net Profit (₹ crore) | 2,961 | 3,315 |
Loan Book Size (₹ crore) | 1,58,290 | 1,76,536 |
The Tata Group has appointed Kotak Mahindra Capital as an investment bank and Cyril Amarchand Mangaldas as a legal advisor for the IPO. Additional investment banks are expected to join the advisory team soon, ensuring a smooth and successful launch.
The announcement of the Tata Capital IPO has already created a ripple effect in the market. Shares of Tata Investment Corporation, a holding company within the Tata Group, surged by up to 12% following the news, reflecting optimistic market sentiment regarding the IPO.
The announcement of the Tata Capital IPO has created a ripple of excitement among investors and market analysts. Known for its diverse financial services, Tata Capital has been a trusted name for years. The IPO will enable the company to expand its operations further and strengthen its market presence. Recent Tata Capital IPO news highlights the company’s robust financial performance and plans to utilize IPO proceeds for strategic growth initiatives.
According to industry insiders, the Tata Capital IPO release date is expected to fall in the first quarter of 2025. While the exact date is yet to be confirmed, the company is finalizing its regulatory approvals. Investors are advised to stay updated with the latest announcements to avoid missing this golden opportunity.
The tentative Tata Capital IPO launch date has been slated for February 2025, though official confirmation is awaited. The launch is anticipated to attract significant interest from retail and institutional investors alike, given Tata Capital’s stellar reputation.
Pricing for the Tata Capital IPO is expected to be competitive, reflecting the company’s strong fundamentals and growth potential. While the Tata Capital IPO price band has not yet been disclosed, market experts predict it will be set strategically to appeal to a wide range of investors.
Existing shareholders of Tata Capital and its parent company, Tata Sons, are likely to benefit from a reserved quota in the IPO. The Tata Capital IPO shareholder quota ensures loyal investors get an opportunity to participate early in the offering, boosting investor confidence.
The Tata Capital IPO promises to be a landmark offering, with its IPO release date and IPO price details eagerly awaited. Investors should keep a close eye on updates regarding the Tata Capital IPO launch date and other critical announcements. With its strong market reputation and growth trajectory, this IPO could be a valuable addition to any investment portfolio.
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