Tata Capital Shares Experience Tepid Start in Stock Market

Tata Capital, a leading non-banking financial company from the Tata Group, made its debut in the stock market with a flat listing on Monday. The shares traded at Rs 330, just 1.22 percent above the initial public offering (IPO) issue price of Rs 326 on both the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE). Despite a steady start, the shares slipped over 2 percent on Tuesday, leaving investors disappointed.

Key Takeaways:

  • Tata Capital's IPO was fully subscribed, but the stock saw limited excitement during trading.
  • The shares listed at Rs 330, 1.22 percent above the IPO issue price of Rs 326 on both BSE and NSE.
  • The stock closed day one at Rs 331.10 on NSE and Rs 330.40 on BSE, giving investors a small premium.
  • Despite the steady debut, Tata Capital shares declined over 2 percent on Tuesday, leaving investors disappointed.
  • The IPO was subscribed 1.95 times by the end of the bidding period, indicating fair interest but not overwhelming demand.
  • The company's market capitalization stood at Rs 1.4 lakh crore by the end of the listing day (October 13).
  • Nearly 100 lakh shares changed hands on BSE, while over 1,176 lakh shares were traded on NSE, showing healthy volumes.

Statistics:

  • The IPO was subscribed 1.95 times by the end of the bidding period.
  • The shares listed at Rs 330, 1.22 percent above the IPO issue price of Rs 326.
  • The stock closed day one at Rs 331.10 on NSE and Rs 330.40 on BSE.
  • The company's market capitalization stood at Rs 1.4 lakh crore by the end of the listing day (October 13).
  • Nearly 100 lakh shares changed hands on BSE, while over 1,176 lakh shares were traded on NSE.

Sources:

  • Indian National Press (Bombay) Pvt. Ltd.
  • Contify.com
  • Copyright 2025 Indian National Press (Bombay) Pvt. Ltd., distributed by Contify.com