Tata Capital IPO, Sept. 29 -- Tata Capital, the highly anticipated Tata Group company set to hit the primary market on October 6, has announced its IPO price band at Rs.310-326 per share. However, the announcement has dampened investor sentiment - particularly among those who bought shares in the unlisted market.
Tata Capital IPO price band has not only eroded hopes of strong listing gains, but has also left many investors questioning whether they will even recover their original investment.
The concern stems from the fact that Tata Capital's unlisted stock had peaked at around Rs.1125, significantly higher than the upper end of the IPO price band. Any investor who bought Tata Capital unlisted shares then, in hopes of making returns on ...
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