Tata Capital Ltd, a prominent financial services arm of the Tata Group, has unveiled its plans to go public with an Initial Public Offering (IPO). The company has announced its intention to launch the IPO, marking a significant event in the Indian financial market.

About Tata Capital Ltd

Tata Capital Ltd is a financial services company that operates under the umbrella of the renowned Tata Group. The company offers a wide range of financial products and services, including commercial finance, infrastructure finance, wealth management, and retail loans.

Market Implications

The announcement of Tata Capital Ltd's intention to go public is likely to generate significant interest in the financial markets. As a part of the well-established Tata Group, the company's public offering could potentially be one of the notable IPOs in the Indian market when it occurs.

Investors and market watchers will be keenly observing further announcements regarding the IPO size, price band, and other details as more information becomes available. It's important to note that potential investors should carefully review the company's prospectus and consult with financial advisors before making any investment decisions.

As we move closer to the eventual IPO, more information is expected to be released about Tata Capital Ltd's financial performance, growth strategy, and the specifics of the share offering. Stay tuned for updates on this upcoming market event.

Tata Investment Corporation Limited (TICL) shares experienced a significant rally, surging 6.78% to reach ₹7,775.00 following the company's announcement of a 1:10 share split. The stock touched a new 52-week high of ₹7,794.00 during the trading session.

Share Split Details

TICL has set October 14, 2025, as the record date for its approved share subdivision. According to the company's filing with the stock exchanges, each existing equity share with a face value of ₹10.00 will be split into 10 shares with a face value of ₹1.00 each. This decision comes after shareholders approved the subdivision through a postal ballot on September 21, 2025, following the board's recommendation made on August 4, 2025.

Market Response

The market responded positively to the news, with TICL's stock opening at ₹7,388.00 against the previous close of ₹7,281.00. Trading volumes saw a substantial increase, with 3.16 lakh shares changing hands, generating a turnover of ₹239.34 crore.

Impact on Capital Structure

Post-split, TICL's authorized capital will remain unchanged at ₹60.00 crore. However, it will now comprise 60 crore ordinary shares of ₹1.00 each, instead of the previous 6 crore shares of ₹10.00 each. This change in the capital structure is reflected in the alterations made to the Capital Clause of both the Memorandum of Association and Articles of Association of the company.

Company Background

Tata Investment Corporation Limited, established in 1937, is a non-banking financial company that specializes in long-term investments in equity shares, debt securities, and mutual funds. The company's decision to split its shares is aimed at improving liquidity and making the stock more accessible to retail investors.

Regulatory Compliance

In compliance with Regulation 42 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, TICL has officially informed the stock exchanges about the record date for the share split. The company's Company Secretary and Chief Compliance Officer, Jamshed Patel, signed off on the regulatory filing, ensuring transparency and adherence to listing requirements.

The share split announcement has clearly sparked investor interest, as reflected in the significant price movement and increased trading activity. As the record date approaches, market participants will be closely watching how this corporate action impacts the stock's accessibility and liquidity in the coming weeks.