Tata Capital IPO to debut today; grey market signals flat start

Tata Capital’s ₹15,512 crore IPO is slated for listing on Monday, October 13. Despite strong demand from anchor investors (notably LIC), grey market premiums have dropped to near zero, suggesting the stock may debut at or slightly above issue price of ₹326. Analysts see limited upside given current valuation, but view it as a foundational financial services play with long-term growth potential — especially under revival themes in credit markets. (Economic Times)