Tata Capital IPO Day 2: Retail Rush Builds as QIBs Drive 39% Subscription, GMP Jumps 4% — Key Investor Insights Inside
Tata Capital IPO Day 2: Tata Capital IPO entered Day 2 of subscription this week with a moderate response on the opening day. The financial arm of the Tata Group, one of India’s most trusted conglomerates, witnessed an overall subscription of 0.39 times on Day 1 — with QIBs subscribing 0.52 times, NIIs 0.29 times, and retail investors 0.35 times. Interestingly, the employee quota showed the highest enthusiasm, subscribed 1.10 times on the very first day.
As the ₹15,511.87 crore issue continues today, all eyes are on whether retail and institutional participation will gain momentum amid a steady grey market premium (GMP) and the solid goodwill attached to the Tata brand.
Also Read: Massive ₹15,500 Crore Tata Capital IPO Opens-Dates, Price Band & Insights!
Tata Capital IPO Day 2: GMP and Market Sentiment
As of today, the Tata Capital IPO Day 2 grey market premium (GMP) stands at around ₹12.5, translating to a 4% premium over the upper price band of ₹326.
While the GMP indicates positive sentiment, investors should note that it is not an official indicator of the listing price. Market analysts suggest that the strong brand reputation of Tata and its diversified lending portfolio could sustain investor interest through the final subscription day.
Given the steady secondary market environment and the company’s sound fundamentals, analysts expect the IPO to receive full subscription by Day 3 — particularly from QIBs and mutual funds who often bid heavily on the final day.
India’s Biggest IPO of 2025: Key Details and Market Buzz
The Tata Capital IPO officially opened for public subscription on October 6, 2025, and will close on October 8, 2025. It marks India’s biggest IPO of the year, following Hyundai Motor India’s ₹27,859 crore issue last year.
The offering includes both a fresh issue and an offer for sale (OFS), allowing investors across categories — retail, institutional, and HNI — to take part in this landmark event. The company aims to strengthen its capital base and support lending growth across retail and corporate segments.
Here’s a quick look at the key statistics:
| Tata Capital IPO Details | Information |
|---|---|
| IPO Size | ₹15,511.87 crore |
| Price Band | ₹310 – ₹326 per share |
| IPO Open Date | October 6, 2025 |
| IPO Close Date | October 8, 2025 |
| Minimum Lot Size | 46 shares |
| Allotment Date | October 9, 2025 |
| Listing Date | October 13, 2025 |
| Expected Listing Exchange | BSE, NSE |
| GMP (as of Oct 7) | ₹12.5 (~4% premium) |
This large-cap IPO not only underscores investor confidence in the Tata Group but also reflects the growing appetite for financial sector offerings after several mid-sized IPOs earlier this year.
How to Apply for Tata Capital IPO Online
Applying for the Tata Capital IPO is quick and convenient through online trading platforms. Here’s a simple step-by-step process:
- Login to your trading account via your broker’s app or website.
- Navigate to the IPO section to view active public issues.
- Select Tata Capital IPO and click ‘Apply’.
- Enter the desired number of shares (minimum lot: 46) within the price band ₹310–₹326.
- Provide your UPI ID and ensure adequate funds in your bank account.
- Approve the UPI mandate before 5 PM on the final application day.
- Once applied, monitor your allotment status post October 9, 2025.
What Makes Tata Capital IPO a Key Market Event
Beyond the sheer size of the issue, this IPO carries significance for India’s financial sector. Tata Capital’s diversified presence across retail loans, infrastructure finance, and wealth management offers a balanced business model that resonates well with long-term investors.
Additionally, the IPO’s timing amid strong domestic liquidity and cooling inflation has encouraged investors to participate in fundamentally strong companies. If the momentum continues, Tata Capital could set the tone for large-cap IPOs in the final quarter of 2025, paving the way for others like OYO and Swiggy, which are expected to hit the markets soon.
Conclusion
The subscription status as of Tata Capital IPO Day 2 reflects a steady start with potential for acceleration. Retail participation is expected to pick up momentum as investors weigh Tata’s strong fundamentals, growth prospects, and positive GMP. With India’s IPO market witnessing robust activity this year, Tata Capital’s listing could further reinforce investor confidence in large-scale financial offerings.
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Disclaimer: The views and investment insights provided here are based on publicly available information and do not constitute financial advice. Readers are advised to conduct their own research or consult certified financial experts before making investment decisions.
