Upcoming IPO, Aug. 4 -- Tata Group's non-banking financial company (NBFC) arm, Tata Capital, filed its preliminary draft papers with the capital markets regulator, the Securities and Exchange Board of India (Sebi), on Monday, 4 August 2025, to raise funds via an initial public offering.

Tata Capital is offering a book-built public issue comprising a combination of a fresh issue of 21,00,00,000 or 21 crore equity shares with the face value of Rs.10 apiece, and an offer for sale (OFS) component of 26,58,24,280 or more than 26.58 crore shares, according to the draft papers.

The company is looking to raise funds from the stock market through the issue of 47,58,24,280 or more than 47.58 crore equity shares with a face value of Rs.10 apiece....