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February 27, 2025 at 06:30 AM
*Tata Capital's ₹15,000 Cr IPO Approved – A Mega Tata Group Listing!* 🚀
🔹 Board Approves *₹15,000 Cr IPO* – *Fresh issue of 23 crore shares + Offer for Sale (OFS).*
🔹 *₹1,504 Cr Rights Issue also approved* – Record Date: Feb 25, 2025.
🔹 RBI Deadline: *Tata Capital must list before September 2025.*
🔹 *Strong Growth:* FY24 profit up 37% to ₹3,150 Cr, loan book up 35% to ₹1.6T.
🔹 *Tata Sons holds 92.83%, unlikely to dilute below 75% post-IPO.*
🔹 *Merger Impact:* Tata Motors Finance merger makes it India’s 12th largest NBFC.
🔹 *Biggest Tata IPO Since Tata Technologies' Blockbuster Debut* (69.4x oversubscribed)!
🔥 This IPO is set to be one of 2025’s biggest market events! Are you investing? 📈💰
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