Tata Capital IPO Day 3: GMP, Subscription Status, Review, Price, Dates, and Key Details — Should You Apply?
Tata Capital IPO Day 3: Check GMP, subscription status, price band, allotment and listing dates, analyst reviews, and whether you should apply before the issue closes today.
Tata Capital IPO enters final day of bidding — here’s the latest GMP, subscription data, and expert views on whether investors should subscribe.
The much-awaited Tata Capital IPO has entered its final day of bidding (October 8, 2025), drawing massive attention from investors. For the IPO that opened on October 6, today marks the last chance for investors to buy into the Tata Group flagship NBFC. The entity aims at aggregating to ₹15,511.87 crore through a combination of fresh equity and OFS. IPO intends to list itself on both BSE and NSE, and the expected date of its listing is 13th October 2025.
💸 Tata Capital IPO GMP (Grey Market Premium) Today
As per market observers, the Tata Capital IPO GMP stands at ₹13 on Day 3. After slipping slightly during the first two days, the premium has now stabilized. Analysts suggest that the steady secondary market sentiment is helping support the GMP.
While the subscription numbers appear moderate, experts note that considering the large IPO size (₹15,511.87 crore), the Tata Group’s offering is still receiving a decent response from investors across categories.
📊 Tata Capital IPO Subscription Status (Day 3, 12:21 PM)
- Total Subscription: 1.07 times
- Retail Investors: 0.87 times
- Non-Institutional Investors (NII): 1.22 times
- Qualified Institutional Buyers (QIB): 1.28 times
The IPO has seen balanced participation, particularly from institutional investors, indicating strong confidence in Tata Capital’s business fundamentals.
🧾 Tata Capital IPO Review: Analyst Recommendations
Brokerage firms and analysts have largely issued a ‘Subscribe’ rating for the Tata Capital IPO, citing the company’s strong fundamentals, diversified loan book, and brand credibility.
Kunvarji Finstock stated:
“Tata Capital has reported an average EPS of ₹8.9 and RoNW of 12.9% over the past three years. At the upper price band, the P/E ratio stands at 35.05, which is fair considering its robust growth potential. We recommend subscribing with a long-term view.”
The firm also added that the RBI’s recent rate cut could improve liquidity and reduce borrowing costs — a positive factor for Tata Capital’s future growth.
BP Equities echoed the sentiment:
“At a P/BV multiple of 4.1x (FY25), Tata Capital is reasonably valued. We recommend investors to ‘Subscribe’ from a medium- to long-term perspective.”
Other brokerages including Anand Rathi, Canara Bank Securities, Aditya Birla Money, LKP Securities, Lakshmishree Investment, and Ventura Securities have also issued ‘Subscribe’ calls.
📅 Tata Capital IPO Key Details
- IPO Open Date: October 6, 2025
- IPO Close Date: October 8, 2025
- Price Band: ₹310 – ₹326 per share
- Lot Size: 46 shares per lot
- Total Issue Size: ₹15,511.87 crore
Fresh Issue: ₹6,846 crore
Offer for Sale (OFS): ₹8,665.87 crore
- Expected Allotment Date: October 9, 2025
- Expected Listing Date: October 13, 2025
- Registrar: MUFG Intime India Pvt Ltd
Book Running Lead Managers: Kotak Mahindra Capital, BNP Paribas, HDFC Bank, Citigroup Global Markets India, ICICI Securities, Axis Capital, SBI Capital Markets, HSBC Securities, JP Morgan India, IIFL Capital Services.
💡 Should You Apply for Tata Capital IPO?
Given Tata Capital’s strong brand trust, diversified loan portfolio, and consistent financial performance, analysts suggest this IPO offers solid long-term potential. While the short-term listing gains may be moderate due to the large issue size and subdued GMP, the long-term growth outlook remains positive.
✅ Verdict: Subscribe for long-term investment.
