Post IPO, Tata Capital to have growth fuel for 3 years: CEO

Tata Capital’s ₹15,512-crore IPO, the largest from the Tata group, will dilute promoter stake by 11.21%. The company will not seek further equity dilution for 2.5-3 years, as the capital raised and profits will fuel growth. The IPO is priced below unlisted shares to attract a broad retail investor base.

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