Tata Capital IPO, April 5 -- Tata Group has filed draft papers with the capital market regulator SEBI (Securities and Exchange Board of India) to launch its mega Rs.15,000 crore Tata Capital IPO. According to a moneycontrol report, N Chandrasekaran-led conglomerate has filed its papers at SEBI to launch its most-awaited upcoming IPO, which Tata Sons and IFC own. The draft paper says that Tata Sons and IFC would offload their shareholding in Tata Capital IPO, which would be offer for sale (OFS). Tata Sons filed the draft papers through the confidential route, engaging Kotak Mahindra Capital, Citi, JP Morgan, Axis Capital, ICICI Securities, HSBC Securities, IIFL Capital, BNP Paribas, SBI Capital and HDFC Bank.

"The draft papers have been f...