Tata Capital is launching India’s largest financial-sector IPO on October 6, aiming for a valuation of around $18 billion. The Rs 17,200 crore issue includes a fresh share sale and OFS by Tata Sons and IFC. Proceeds will bolster Tier-1 capital, fulfilling RBI’s listing mandate. Strong FY25 profits and wide retail presence support the investment case, while unlisted shares trade 33% below last year’s peak.
New investor additions in markets declined by 11.6% in November (MoM): NSE Report
The pace of new investor additions in the equity markets slowed in November, with growth declining 11.6 per cent month-on-month, as only 13.2 lakh new