How to check Tata Capital IPO allotment:
Visit the registrar’s website (https://in.mpms.mufg.com/Initial_Offer/public-issues.html)
Select Tata Capital IPO from the dropdown menu.
Enter your application number or PAN.
Click on Submit to view your allotment status.
Via BSE
Go to the BSE IPO allotment page.
Select Tata Capital IPO from the dropdown menu.
Enter your application number or PAN.
Click on Submit to view your allotment status.
Applicants who did not receive allotment can expect refunds or UPI mandate releases by October 10, while successful investors will see credited shares in their demat accounts by the same day. The company is scheduled to list on the BSE and NSE on October 13.
Subscription details
The Rs 15,512 crore IPO of Tata Capital, a flagship financial arm of the Tata Group, received overall subscription of 1.96 times. The QIB category led the issue with 3.42 times, followed by NIIs at 1.98 times and retail investors at 1.10 times.
Tata Capital IPO GMP
Despite the Tata brand backing, analysts said the grey market premium (GMP) has moderated to around 1%, suggesting limited listing gains. The stock is currently commanding a GMP of Rs 3.5, indicating a potential listing in the range of Rs 330 per share against the issue price of Rs 326.
Market experts believe the muted GMP reflects fair valuation rather than lack of investor interest. “The IPO was priced optimally for long-term investors. Tata Capital’s diversified lending base, prudent risk management, and digital lending push offer steady growth potential,” analysts said.
Tata Capital is the third-largest diversified NBFC in India, offering retail, corporate, and wealth management services.
As of June 2025, it operates 1,516 branches across 27 states and union territories, with a growing digital footprint. The company reported a 56% jump in revenue and 10% rise in profit in FY25, with consolidated net profit at Rs 3,655 crore and return on equity (ROE) of 12.6%.
Listing outlook
With its clean balance sheet, strong parentage, and broad-based lending model, Tata Capital’s listing is expected to be steady rather than spectacular, mirroring the company’s conservative yet enduring ethos.
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)