Tata IPO Engine Roars to Life — Which One Will You Ride?
Tata Group is firing on all IPO cylinders, and investors better fasten their seatbelts. First in pole position is Tata Capital, which just got SEBI’s nod for its massive ₹17,200 crore IPO. Tata Sons will offload 23 crore shares, and IFC joins the race with 3.58 crore shares. This isn’t just a business move — it’s a regulatory deadline rush. Under RBI norms, upper-layer NBFCs like Tata Capital must list by September 2025, and Tata is not wasting time.
But that’s not the only pit stop. Tata Passenger Electric Mobility (TPEML) — the EV force behind Nexon.ev and Tiago.ev — is eyeing a ₹8,000–16,000 crore IPO in the next 12–18 months. Meanwhile, IPOs from Tata Autocomp Systems, Tata Advanced Systems, Tata Play, and even BigBasket are lining up, ready to rev the engines.
Feeling the IPO fever yet? Because the Tata IPO train isn’t slowing down. Each of these could spark fresh excitement in India’s primary markets — and maybe your portfolio too. The question is, which Tata IPO will you chase? Stay sharp, track the filings, and don’t blink — the market’s next big story is already forming.
Tata Capital IPO: Regulatory Push And Financial Muscle
Tata Capital has taken a major step toward its much-anticipated IPO, with SEBI granting approval to its Draft Red Herring Prospectus (DRHP). Tata Sons is set to offer 23 crore shares via an offer-for-sale (OFS), while the International Finance Corporation (IFC) plans to divest 3.58 crore shares. The move aligns with RBI’s directive requiring all upper-layer NBFCs to be listed by September 2025, making this IPO a regulatory milestone for the Tata Group.
The financials support the optimism. In Q4FY25, Tata Capital reported a 31% year-on-year rise in profit, reinforcing investor confidence in the company’s fundamentals. As one of the group’s key financial arms, Tata Capital’s public offering is expected to attract considerable interest from both institutional and retail investors. With regulatory backing, strong performance, and strategic timing, this IPO positions Tata Capital as a noteworthy player in India’s 2025 primary market landscape.
Tata Group IPO Pipeline Overview
- Tata Capital (Financial Services – NBFC)
- IPO Timeline: By September 2025
- Fundraising Goal: ₹17,200 crore (Offer for Sale)
- Key Highlights: SEBI-approved DRHP; Tata Sons & IFC to divest; Q4FY25 profit jumped 31% YoY
- TPEML (Tata Passenger Electric Mobility – EV Arm)
- IPO Timeline: FY25–26
- Fundraising Goal: ₹8,000–16,000 crore (USD 1–2 billion)
- Key Highlights: Dominates over 80% of India’s EV market; key models include Nexon.ev & Tiago.ev; partnered with HPCL for EV infra; acquired Ford’s plant for capacity expansion
- Tata Autocomp Systems (Auto Components)
- IPO Timeline: By end of 2025
- Fundraising Goal: TBA
- Key Highlights: IPO process set to begin; integral part of Tata’s expanding automotive ecosystem
| Company | Sector | IPO Timeline | Fundraising Goal | Key Highlights |
|---|---|---|---|---|
| Tata Capital | Financial Services (NBFC) | By September 2025 | ₹17,200 crore (OFS) | SEBI-approved DRHP; Tata Sons & IFC to divest; Q4FY25 profit up 31% YoY |
| TPEML (Tata EV Arm) | Electric Vehicles | FY25–26 | ₹8,000–16,000 crore (USD 1–2 billion) | Over 80% EV market share; Nexon.ev & Tiago.ev; expanded capacity & HPCL partnership |
| Tata Autocomp Systems | Auto Components | By end of 2025 | TBA | Process to begin soon; part of Tata’s automotive ecosystem |
| Tata Advanced Systems | Aerospace & Defence | By end of 2025 | TBA | Specializes in UAVs, missiles, radars; key defence player |
| Tata Play | Media & Entertainment | By end of 2025 | TBA | Rebranded from Tata Sky; targeting DTH & OTT segments |
| BigBasket | Online Grocery | Next 24–36 months | TBA | Strong Tata stake; IPO in planning stages |
What’s At Stake: Policy Deadline And Holding Company Listing
TATA Sons, the Tata Group’s holding company, faces a critical listing requirement due to the RBI’s classification of it as an upper-layer NBFC. According to Reuters, Tata Sons must complete its public listing by 2025 to comply with regulatory deadlines. However, experts caution that its valuation may be impacted by a holding-company discount, which often lowers the market value compared to standalone businesses. Analysts have also raised concerns about potential governance scrutiny and changes in trust ownership if Tata Sons goes public. This move could bring increased transparency but may also lead to challenges in maintaining control over the group’s vast empire. The upcoming listing deadline puts Tata Sons under pressure to finalize its strategy while balancing regulatory compliance and shareholder expectations.
What Should Investors Watch In This TATA SHOWBIZZ
- IPO Timelines:
- Tata Capital expected in H2 2025
- Tata Passenger Electric Mobility (TPEML) planned for FY26
- Other Tata Group IPOs scheduled over the next two years
- Pricing Data:
- Tata Capital shares may list between ₹325–₹365 per share
- Pre-IPO trades are near ₹1,020 per share
- Valuation estimated at approximately $11 billion (₹90,000 crore)
- Monetisation Trends:
- Each IPO helps Tata Group monetize internal investments
- Focus on sectors like electric vehicles (EV) and services
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Aishwarya is a journalism graduate with over three years of experience thriving in the buzzing corporate media world. She’s got a knack for decoding business news, tracking the twists and turns of the stock market, covering the masala of the entertainment world, and sometimes her stories come with just the right sprinkle of political commentary. She has worked with several organizations, interned at ZEE and gained professional skills at TV9 and News24, And now is learning and writing at NewsX, she’s no stranger to the newsroom hustle. Her storytelling style is fast-paced, creative, and perfectly tailored to connect with both the platform and its audience. Moto: Approaching every story from the reader’s point of view, backing up her insights with solid facts.
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