Tata Capital is now aiming to become India’s fourth-largest NBFC by market cap, following Bajaj Finance, Bajaj Finserv, and Jio Financial Services, riding on strong sector sentiment.&nbsp; This Positions Tata Capital as India’s 4th largest NBFC by valuation and market buzz fueled by successful recent rights issue and strong financials.&nbsp; Tata Investment shares jumped ~6% post updated DRHP filing&nbsp; <ul><li>$18–$20 Bn valuation target (~₹1.67 lakh Cr) vs. initial $11 B aspiration </li><li>​$2.2 billion to be raised via a mix of fresh issue &amp; OFS</li><li>​23 Cr shares being sold by Tata Sons + 3.58 Cr by IFC, plus up to 21 Cr fresh shares</li></ul>

Tata Investment shares jumped ~6% post updated DRHP filing

Tata Capital IPO: Upcoming Insights