Tata Capital’s ₹15,511 crore IPO—the largest of 2025—has completed allotment, with market listing now imminent. The issue received strong subscription across retail, institutional, and HNI segments, reflecting investor confidence in Tata Group’s financial arm. Analysts expect robust debut gains supported by Tata Capital’s diversified lending portfolio, solid asset quality, and expanding retail footprint. The IPO is a significant milestone for India’s NBFC sector, highlighting strong capital market momentum amid steady economic growth.