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Tata Capital IPO to list on October 13; grey market premium turns flat

Tata Capital IPO lists October 13 with high subscription but limited grey market upside.
The highly anticipated Tata Capital IPO is set to list on October 13 at ₹326 per share. Despite strong anchor and retail participation during the offering, analysts report subdued grey market activity, indicating a muted listing premium. The IPO raised ₹11,000 crore and was subscribed over 18 times, reflecting strong investor appetite for financial services companies. Market participants will watch for debut-day performance amid mixed global equity cues. (Economic Times)