IPO Update: The date of Tata Group's biggest IPO has arrived, it will debut in the stock market on this day..

The date of Tata Group's biggest IPO has been made public. Also, the company will debut on the stock market on the last day of the month. According to the information, Tata Capital's two billion dollar (about Rs 17,200 crore) IPO will come in the week starting from September 22. Sources familiar with the matter said on Tuesday that Tata Capital's issue can be listed in the stock market by September 30, and it is likely to be the biggest IPO of the year 2025. The Tata Group organized events in Hong Kong, Singapore, London, New York, and major cities of India since August to make investors aware of the IPO. These saw strong participation of global and domestic institutional investors.

Tata Sons will also withdraw its stake.

According to sources, the company's valuation is expected to reach $18 billion due to successful investor contact, whereas this valuation was $11 billion when the IPO documents were filed through confidential means in April. According to the revised draft document filed in August, Tata Capital's IPO will include the issue of 21 crore new shares and an offer for sale (OFS) of 26.58 crore shares. In this, promoter company Tata Sons will sell 23 crore shares, and International Finance Corporation (IFC) will sell 3.58 crore shares. At present, Tata Sons holds an 88.6 per cent stake in Tata Capital, while IFC holds 1.8 per cent.

Second IPO in 18 months

The amount raised from the IPO will be used to increase tier-1 capital and expand the loan portfolio. If successful, it will be the largest public issue in the country's finance sector. Tata Group has decided to list one of its units for the second time in recent years. Earlier, Tata Technologies made its debut in the stock market in November 2023. Whose IPO got a tremendous response. Also, the listing of the company will be very spectacular. This time too, Tata's IPO is expected to get a great response. According to experts, Tata Capital's IPO can also break the record of Tata Technology.

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