Tata Capital IPO GMP Today: Will this IPO deliver long-term value or just short-term listing gains?
Introduction: Why is there a craze for Tata Capital IPO GMP today?
Today, only one name is in discussion in the entire stock market – Tata Capital IPO GMP today. This much-awaited IPO, which opened on October 6, has brought a golden opportunity for investors. This IPO of Tata Capital Ltd, the financial arm of Tata Group, will remain open for subscription till October 8. The company has fixed its price band at ₹310 to ₹326 per share, whose face value is ₹10. Tata Capital’s GMP in the gray market is ₹7.5, which suggests the share price could reach ₹333.5 upon listing. This represents a premium of approximately 2.3% over the issue price.
Tata Capital IPO GMP Today: Subscription Status and Company Focus
According to the Tata Capital IPO Day 1 LIVE update, the issue is currently 24% booked. This momentum clearly indicates strong investor interest. Tata Capital is a diversified NBFC focused on technology and data analytics. The company aims to reduce costs, increase efficiency, and improve customer experience by bringing innovation to the lending value chain. Along with retail, SME, housing, and corporate finance, the company is also expanding its business into wealth management and fund management.
Financial experts like Master Capital Services Ltd say that the Tata Capital IPO could be a promising option for a long-term investment, especially for investors who want to participate in the NBFC growth cycle.
Tata Capital GMP: Valuation and Market Comparison
Talking about valuation, the company’s market cap at the upper price band of ₹326 is ₹1,38,383 crore. This valuation comes at a 3.2x PB ratio on FY 2026 annualized earnings, which is relatively reasonable compared to its peers. Bajaj Finance has a P/E of 37.8, Shriram Finance 300.3, and Cholamandalam Investment 31.5, which clearly indicates that Tata Capital shares are available at a slight discount.
Analyst Rajan Shinde says, “Given India’s rising credit penetration, formalization of the economy, and demand for consumer financing, Tata Capital could become a credible and scalable NBFC. Therefore, we recommend ‘Subscribe for Long-Term’.”
Tata Capital Share Price and Grey Market Trend
Now let’s discuss Tata Capital share price and Tata Capital grey market sentiment. Currently, the Tata Capital IPO GMP is at ₹7.5, but the GMP has seen a slight decline over the last 11 sessions. Initially, the GMP had reached ₹30, but is now stable at ₹7.5, reflecting cautious market sentiment. Experts say that if stability persists in the grey market, the listing could take place at ₹333.5.
The “Grey market premium” is an unofficial indicator that gives an idea of investor enthusiasm—it shows how much people are willing to pay above the issue price.
Tata Capital IPO GMP Today: Risks Investors Should Consider
Every IPO comes with certain risks, and the Tata Capital IPO is no different. If the company fails to make adequate provisions for non-performing assets (NPAs), the business could be impacted. Changes in loan mix could also impact financial metrics and asset quality. Furthermore, if interest income declines or borrowing costs increase, profitability could be pressured.
Tata Capital IPO Review and Experts’ Verdict
Anand Rathi Research wrote in its report, “At the upper price band, Tata Capital’s valuation is at a P/E of 32.3x and a P/B of 3.5x. We recommend a long-term subscribe.” this clearly proves that the trust factor is established by Tata Group support and a robust business model of the company for investors.
The lead managers of Tata Capital are big names like Axis Capital, Kotak Mahindra Capital, HDFC Bank, ICICI Securities, and JP Morgan India. MUFG Intime India Pvt. Ltd. has been appointed as Registrar.
Tata Capital Grey Market and IPO Allotment Dates
According to the structure of IPO reservations, 50% of the shares are reserved for QIBs, 15% for NIIs, and 35% for retail. There is a quota of 1.2 million shares for employees.
Allotment will be finalized on October 9, refunds will initiate on October 10, and shares will be credited to demat accounts the same day. Listing is likely on the BSE and NSE on October 13.
The list of anchor investors is also impressive — major institutions like LIC, ICICI Prudential, Nippon India, Motilal Oswal, Nomura, Morgan Stanley, and Goldman Sachs invested ₹4,642 crore. Demand was five times higher compared to the anchor book allocation, which signals a strong confidence.
Tata Capital IPO GMP Today vs. Other IPOs
Market investors are currently focused on the Tata Capital IPO GMP today, as well as the LG Electronics IPO. But Tata Capital’s differentiated story is that it is an old Tata Group entity with a significant presence in the NBFC space. If you want a long-term bet in the NBFC space, Tata Capital seems to be a balanced and credible alternative.
Conclusion: Should you apply for the Tata Capital IPO?
If you are a retail investor focused on long-term wealth creation, the Tata Capital IPO could be a stable and credible option. The Tata Capital GMP, valuation, and anchor investor response all send positive signals. Yes, short-term listing gains may be limited, but against the backdrop of Tata Group’s strong fundamentals and India’s financial growth, this IPO could be a solid long-term bet.
Disclaimer:
The views and recommendations above are those of individual analysts or brokerage companies, not US News Weeks. We advise investors to check with certified experts before making any investment decisions.
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