Tata Sons to pocket ₹6,716 cr from stake sale in Tata Capital IPO

Tata Sons is poised to realize ~₹6,716 crore from selling a 10.1% stake in Tata Capital through its IPO. The shares are being sold at the top of the band (₹326), reducing the promoter’s holding to ~85.5%. Acquired at an average cost of ₹34 per share, the transaction yields a significant gain. The move also signals promoter confidence in valuation. Observers will watch lock-in flows, promoter actions, and impact on market sentiment for the IPO’s stock.