Tata Capital IPO: Sebi Approves Confidential DRHP for ₹ 17,200 Crore Issue: Report

Tata Capital IPO: Capital Market Regulator Securities and Exchange Board of India (Sebi) has approved the draft papers for the Initial Public Offering (IPO) of Tata Capital, The Non-BANKING FANKINGING FANKINGINCIL Company (NBFC) Subsidiary of Tata Sons, A Report said.

Sebi has cleared the NBFC’s draft papers for the public issue, which was filled through the confidential route, Economic Times Reported, Quoting two people family family with the development.

It was earlier reported that the tata capital iPo drhp was filed through the confidential route with the regulator on April 5.

With sebi clearing the drhp, the proposed 17,200-Crore Tata Capital IPO Moves a step closer to launch. Following sebi’s approval, tata capital is expected to file an updated draft prosectus publicly on the regulator’s website before submitting the final Red Herring Propectus (rahp) Launch.

The newspaper report also sugges the company could file the rhp in the first week of July.

Tata Capital IPO Details

Tata Capital IPO is poised to be one of the largest public issues in India’s financial services sector.

Tata Capital IPO will Comprise a Combination of a Fresh issue of Shares and An Offer for Sale (ofs) by tata sons, which currently holds a 93% stake in the nbfc.

Tata group is targeting a Valuation of up to $ 11 billion for its financial services division, tata capital, which may become India’s lots iPo this year, bloomberg in its recent report report.

As per the reserve bank of India’s (RBI) Framework, Both Tata Sons and Tata Capital are classified as ‘upper-layer’ NBFCS, Requiring Them to List By Septemer 2025. Stricter regulatory oversight and a mandatory public listing with three years.

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