Tata Capital IPO closes fully subscribed; allotment on October 13

Tata Capital’s IPO achieved full subscription, underscoring robust investor confidence in India’s NBFC sector. The offering attracted strong institutional and retail participation, driven by the company’s diversified lending portfolio, improving asset quality, and steady credit growth outlook. Analysts said the response signals renewed optimism toward financial services stocks amid stable interest rates and rising demand for consumer and SME financing, reinforcing Tata Capital’s position among leading non-banking financial institutions.