Tata Capital IPO: $1.7 Billion Listing Plan
Why in the news
Tata Capital’s board cleared an IPO of 23 crore shares.
Key facts
- Size: about $1.7 billion.
- Reason: RBI rule for upper-layer NBFCs to list by September 2025.
- Earlier Tata Group listing: Tata Technologies, December 2023.
- Other big IPOs lined up: LG India ($1.5B), JSW Cement, Ather Energy.
Regulatory angle
- Tata Sons also falls under the September 2025 listing rule and sought relief from it.
- In January, RBI said the request was under “examination”.
Exam angle
- Listing deadline: September 2025.