Tata Capital boasts 900 branches and more than 5.2 million customers. The company's profit tax revenue is Rs 1825 crore, but its loan book is Rs 1,76,536 crore.
Tata capital boasts 900 branches and more than 5.2 million customers. The company's profit tax revenue is Rs 1825 crore, but its loan book is Rs 1,76,536 crore.
A brilliant move by noel Tata, the company's largest initial public offering (IPO) is anticipated to start in the yearIn 2025, the Tata Group might conduct another IPO. The corporation has begun working on the Tata capital IPO, which might be worth approximately Rs 15000 crore, and if reports are to be believed, it may launch its largest IPO.
Following the 2023 IPO of Tata Technologies, Tata capital would be the second listing in the Tata Group if the business proceeds with its IPO.
Moneycontrol was informed by people with knowledge of the situation that the initial public offering process has begun and will adhere to RBI regulations for "upper layer" NBFCs.
Additionally, according to Moneycontrol, the Tata Group would designate investment bank Kotak mahindra and legal firm Cyril Amarchand Mangaldas as its consultants.
According to reports, the Group will shortly attract additional investment.Tata capital, a subsidiary of Tata Sons Private Limited, is expanding as a financial non-banking enterprise. It provides a range of financial services-related goods and services. The organisation works with clients in a number of areas, including distribution, consumer loans, wealth services, and commercial finance.