Tata Capital filled DRHP with SEBI

07 August 2025

• ​Tata Capital Limited (TCL), a leading diversified non-banking financial company (NBFC) in India, has filed its Draft Red Herring Prospectus (DRHP) with SEBI to raise ₹20,000 crore through an Initial Public Offering (IPO). The proposed IPO consists of an Offer for Sale (OFS) of 5.41 crore equity shares by the promoter, Tata Sons Pvt Ltd. There is no fresh issue component in this offering.
  
• Although the IPO does not aim to raise new capital, the listing is expected to unlock value for the promoter, improve the company's brand visibility, and provide liquidity for existing shareholders, aligning with Tata Sons’ strategic intent to list its major subsidiaries.
• Tata Capital’s lending business is diversified across Retail, Corporate, and Infrastructure Finance. As of March 31, 2025, the company’s Total Gross Loans stood at ₹2,21,950 Cr, growing at a CAGR of 35.0% from FY22 to FY25. The Assets Under Management (AUM) reached ₹2,21,950 Cr in FY25, registering a CAGR of 35.0% over the same period.
• In FY25, Tata Capital recorded a Profit After Tax (PAT) of ₹3,657 Cr, reflecting a CAGR of 26.6% from FY22. This profitability was underpinned by strong loan growth, efficient cost management, and robust asset quality. For FY25, the company achieved a Return on Average Assets (RoA) of 2.07% and a Return on Average Equity (RoE) of 15.56%, underscoring its financial strength and consistent performance.​