Tata Capital, a leading financial institution in India, has recently submitted documents to the Securities and Exchange Board of India (Sebi) for an Initial Public Offering (IPO) worth more than Rs 15,000 crore. The IPO will comprise of fresh shares as well as an offer for sale by Tata Sons, holding a majority stake of 93% in Tata Capital. Boasting a robust revenue of Rs 18,178 crore and a continually expanding loan portfolio, Tata Capital’s upcoming public listing is anticipated to be among the largest in India’s financial sector. This strategic move is expected to provide Tata Capital with additional capital for further expansion and growth opportunities in the competitive financial market of India. Keep an eye out for more updates on Tata Capital’s IPO as it makes waves in the Indian financial landscape.