SEBI Nod for Tata Capital’s ₹17,200 Crore IPO
Why in the news
The Securities and Exchange Board of India (SEBI) gave its go-ahead to Tata Capital’s initial public offering, a major public issue.
Key facts
- Company: Tata Capital, a subsidiary of Tata Sons.
- Issue size: ₹17,200 crore IPO.
- Route: filed under the confidential DRHP route.
- Structure: includes an offer for sale (OFS) by Tata Sons.
- Timeline: launch expected by September 2025.
Exam angle
- Approving regulator: SEBI.
- Full forms: IPO – initial public offering; DRHP – draft red herring prospectus; OFS – offer for sale.
- Parent company: Tata Sons.