04 Oct 2025 | 5 Mins Read
Tata Capital's IPO attracts robust anchor investor backing
Flipitmoney
Tata Capital has raised Rs 4,642 crore from anchor investors ahead of its IPO, with 14.24 crore shares allotted at Rs 326 per share. Life Insurance Corporation of India (LIC) is the largest anchor investor, receiving 2.15 crore shares worth Rs 7,000 crore. The IPO, opening on October 6, aims to raise Rs 15,512 crore and has a valuation of up to Rs 1.38 lakh crore at the upper end of the issue pric