New Delhi, Oct. 1 -- Tata Capital, the Tata Group NBFC initial public offering (IPO), is set to open for bidding on Monday, October 6, and will remain available to investors until Wednesday, October 8.
The company aims to raise Rs.15,512 crore through this IPO, which is a combination of fresh issue of 21 crore shares aggregating to Rs.6,846 crore and offer for sale of 26.58 crore shares aggregating to Rs.8,665.87 crore.
The price band for the IPO is fixed at Rs.310- Rs.326 per share. The minimum lot size for retail investors is one lot, consisting of 46 shares, requiring a minimum investment of Rs.14,996. Investors can apply for a maximum of 13 lots.
The allotment of the issue is likely to be finalized on October 09, and the shares are...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.