Tata Capital eyes valuation of $16.5B for its $1.85B IPO

**Tata Capital Eyes Valuation of $16.5 Billion for Its $1.85 Billion IPO**

*By Dwaipayan Roy | Sep 23, 2025, 8:03 PM*

Tata Capital, the financial services arm of the Tata Group, is preparing for a significant initial public offering (IPO) scheduled for early October. The company is targeting a post-money equity valuation of approximately $16.5 billion (around ₹1,46,000 crore) for the listing, according to sources cited by Moneycontrol.

**IPO Launch Details**

The IPO is expected to open for public subscription on October 6, with the anchor portion likely to be allotted on October 3. The total size of the IPO—which includes a fresh issue of shares as well as an offer for sale by Tata Sons and the International Finance Corporation—is estimated at about $1.85 billion (nearly ₹16,400 crore). Life Insurance Corporation of India (LIC) is anticipated to be a major investor in this offering.

**Utilization of Funds**

Proceeds from the IPO will primarily be used to strengthen Tata Capital’s Tier-I capital base. This enhancement will support the company’s future capital requirements and facilitate onward lending activities. For this significant IPO, Tata Capital has enlisted the legal services of Cyril Amarchand Mangaldas, AZB & Partners, and Latham & Watkins.

Despite recent challenges in the non-banking financial company (NBFC) market space, Tata Capital remains optimistic about its upcoming public listing.

**Business Overview**

Tata Capital, classified as an upper-layer NBFC by the Reserve Bank of India (RBI), began its lending operations in 2007. Since then, it has served over seven million customers across India.

The company offers an extensive portfolio of more than 25 lending products catering to salaried and self-employed individuals, entrepreneurs, small businesses, SMEs, and corporates. Apart from lending, Tata Capital also distributes third-party financial products, including insurance and credit cards.

As of March 31, 2025, retail and SME customers accounted for 88.5% of the company’s total gross loans. Tata Capital supports its operations through a pan-India distribution network comprising nearly 1,500 branches.

Stay tuned for more updates on Tata Capital’s IPO and its progress in the financial services sector.
https://www.newsbytesapp.com/news/business/everything-we-know-about-tata-capital-s-mega-ipo/story

How SEBI is making it easier for foreigners to invest

**How SEBI is Making it Easier for Foreigners to Invest**
*By Dwaipayan Roy | Sep 23, 2025 | 01:18 PM*

India’s market regulator, the Securities and Exchange Board of India (SEBI), is undertaking significant steps to simplify the entry process for foreign investors. The planned changes aim to reduce documentation and scrutiny requirements, cutting down registration times dramatically from the current six months to just 30-60 days.

This initiative comes at a crucial time, as foreign investment outflows have increased this year amid trade tensions and muted corporate earnings.

### Regulatory Changes in Line with Global Standards

SEBI’s proposed reforms include standardizing documentation and easing scrutiny for investors who are already regulated in other countries. The objective is to align India’s registration process with global best practices, making it more investor-friendly.

Tuhin Kanta Pandey, chairman of SEBI, recently mentioned that the regulator is engaging with various stakeholders to streamline “know your customer” (KYC) norms across different regulatory bodies.

### Current Investment Trends

So far this year, overseas investors have net sold approximately $10 billion in Indian equities and bonds. Selling activity intensified during July and August, largely due to subdued corporate earnings and concerns around US tariffs.

In response, Indian regulatory officials have conducted extensive discussions with over 200 global asset managers from Europe, Asia, and the US in the last five months. These conversations focus on enhancing the accessibility of Indian markets for foreign investors.

### Regulatory Alignment with RBI

In tandem with SEBI’s efforts, the Reserve Bank of India (RBI) is also set to align its norms for foreign investors with the more liberal documentation requirements introduced by SEBI. This alignment particularly benefits regulated international pooled funds such as insurance and mutual funds, which are considered low-risk investments.

This development follows SEBI’s 2019 decision to ease documentary requirements for regulated public retail funds, bringing them on par with government-owned funds, further encouraging foreign capital flows.

SEBI’s reforms signal a clear commitment to improving India’s investment climate, making it more attractive and accessible for global investors during a challenging period for foreign capital.
https://www.newsbytesapp.com/news/business/sebi-to-cut-registration-times-for-foreign-investors/story