Tata Capital to list Monday with cautious IPO debut expected

Tata Capital’s ₹15,512 crore IPO opens trading on Monday, with grey market premiums hovering around zero. That suggests investors expect a listing close to the issue price of ₹326. The massive listing comes amid strong anchor demand (notably LIC) but tempered by broader market caution. Market watchers say valuation, creditworthiness, and lack of exuberance will influence listing outcome in this IPO-hungry season. (ET via Reuters)