Categories: India

Tata Capital lists at 1.2% premium to issue price in lacklustre debut for India's largest IPO of 2025

Oct 13 (Reuters) – Shares of Tata Capital, India's third-largest non-bank lender by revenue, listed at a premium of 1.2% in their pre-open trading debut on Monday, with the retail market seemingly still not that keen on the first listing by the storied Tata Group in nearly two years. The company's shares traded at 330 rupees as of 09:45 a.m. IST on the National Stock Exchange, compared with its offer price of 326 rupees. The benchmark Nifty 50 index was down 0.3%, while the financial index was down 0.2%. (Reporting by Yagnoseni Das and Vivek Kumar M in Bengaluru; Editing by Sonia Cheema)

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