Tata Capital IPO listing, Tata Capital share price:Shares of Tata Capital, a diversified financial services company and a subsidiary of Tata Sons, made a flat debut on Dalal Street on Monday, October 13, 2025. The company’s stock opened at ₹330 on the NSE, reflecting a premium of 1.23 per cent over the issue price of ₹326. After listing, the stock fell around 0.7 per cent from the listing price to ₹327.6.
Similarly on the BSE, the stock opened at ₹330, up 1.23 per cent from the issue price. Post-listing, the stock was trading at ₹327, down nearly 1 per cent from the listing price.
The listing price of Tata Steel was slightly above the grey market estimates. Ahead of the listing, unlisted shares of Tata Capital were trading flat at ₹326, according to sources tracking unofficial markets.
Tata Capital: Should you buy, sell, or hold?
Domestic brokerage JM Financial has initiated coverage on Tata Capital with an ‘Add’ rating, citing its strong growth profile and backing by the Tata Group. The brokerage values the stock at ₹360, based on 2.9x FY27E P/B. It highlighted that around 80 per cent of the company’s loan book is in secured segments, with retail finance contributing 61 per cent.
Tata Capital delivered a healthy AUM CAGR of 31 per cent during FY22–24 and average RoA/RoE of 2.3 per cent/18 per cent in FY23/24. However, the merger with Tata Motors Finance impacted FY25 performance, with AUM growth slowing and returns declining.