CosmicTaco

Tata Capital Plans Mega IPO for 2025

CosmicTaco · 2024-12-24T08:47:05.606723+05:30

- Tata Group initiates work on Tata Capital's IPO, aiming for a Rs 15,000 crore-plus listing by 2025 to comply with RBI norms for 'upper layer' NBFCs. - Cyril Amarchand Mangaldas and Kotak Mahindra Capital are onboard as advisors; additional investment banks to be engaged soon. - The IPO is poised to be a significant deal, combining primary and secondary share issues, following the successful merger of Tata Capital Financial Services with Tata Capital. Source: [Moneycontrol](https://www.moneycontrol.com/news/business/ipo/after-tata-tech-tatas-rope-in-advisors-for-mega-rs-15-000-crore-plus-ipo-of-tata-capital-in-2025-12896444.html)

Tata Group initiates work on Tata Capital's IPO, aiming for a Rs 15,000 crore-plus listing by 2025 to comply with RBI norms for 'upper layer' NBFCs.
Cyril Amarchand Mangaldas and Kotak Mahindra Capital are onboard as advisors; additional investment banks to be engaged soon.
The IPO is poised to be a significant deal, combining primary and secondary share issues, following the successful merger of Tata Capital Financial Services with Tata Capital.

Source: Moneycontrol