Tata Capital IPO allotment status: Tata Capital Limited’s Rs 15,512 crore IPO closed on Wednesday, October 8. This was the biggest issue so far this year. It received 1.96 times subscription on the last day of bidding for the IPO. Bids were made for 65.19 crore shares against its 33.34 crore shares.

Subscription was received 1.10 times from retail investors, 1.98 times from non-institutional investors (NIIs) and 3.42 times from qualified institutional buyers (QIBs). Tata Capital, the non-banking financial company (NBFC) of Tata Group, had fixed the price of shares for the IPO between Rs 310 and Rs 326. Now all eyes are on the allotment of IPO, which is going to happen today i.e. 9th October. The shares are expected to be listed on both BSE and NSE on October 13.

How much is GMP now?

There is a continuous decline in the GMP of Tata Capital’s IPO in the gray market, which dropped from the first premium of Rs 30 to Rs 20 on October 2. Now it is trading at a premium of just Rs 3.5. In such a situation, Tata Capital shares can be listed at Rs 329.5, which is only 1.07 percent more than the IPO price. However, experts warn that GMP (grey market premium) is volatile and subject to changes in market sentiment.

How to check allotment status online?

BSE

To check the allotment status of Tata Capital IPO on BSE, first visit its website-https://www.bseindia.com/investors/appli_check.aspx Go to.

Now go to the IPO section and select ‘Equity’ and then ‘Tata Capital Ltd.’ Select.

Here click on the application number or PAN number and ‘Search’.

As soon as you do this, the status will appear on the screen.

NSE

At the same time, to check allotment status on NSE, its website- https://www.nseindia.com/products/dynaContent/equities/ipos/ipo_login.jsp Go to.

Now go to the IPO page and select ‘Equity & SME IPO bid details’.

Go to ‘Select Symbol’ option and select ‘TATACAP’.

Enter PAN and application number and click on ‘Submit’ button. You will see your allotment status on the screen.

MUFG

If you wish, you can also check the allotment status on the website of MUFG Intime India, the registrar of public issues.

For this, first go to the official website https://in.mpms.mufg.com/Initial_Offer/public-issues.html will go on.

Here first select the option of ‘Tata Capital Limited’.

Now enter your PAN or account number or application number or client ID.

Click on ‘Submit’ and see your status on the screen.

Disclaimer: (The information provided here is being given for information only. It is important to mention here that investment in the market is subject to market risks. Always take expert advice before investing money as an investor. ABPLive.com never advises anyone to invest money here.)

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Tata capital ipo: The IPO of Tata Group’s NBFC company Tata Capital (Tata Capital IPO) is opening to anchor investors on 3 October today. Whereas for retail investors, it will open on Monday, October 6 and the issue will be closed on Wednesday, October 8. By the way, the company is carrying a target of raising Rs 15,512 crore through this IPO. Out of these, an attempt will be made to raise Rs 4641.6 crore with anchor investors.

Anchor investors may include these

It is being told that the company’s anchor investors include ICICI Prudential Mutual Fund, HDFC Mutual Fund, AXIS AMC and Government Insurance Company. However, no concrete information has been given by the company about this. Anchor investors are also called qualified Institutional Boys (QIB). These usually include an institution, mutual funds or pension funds. They are allotted shares a day before the IPO opens so that retail investors can be assured to invest in IPOs. Anchor investors buy shares for large amounts of IPOs.

Shares will be sold worth crores

In this IPO of Tata Capital, the company will issue 21 crore new shares worth Rs 6,846 crore and will issue 26.58 crore shares worth Rs 8,665.87 crore through Offer-SAL (OFS). It is being told that Tata Sons is preparing to sell 23 crore shares and International Finance Corporation in OSS.

The price band for IPO has been fixed at Rs 310-326 per share. Retail investors will have to bid in a lot of 46 shares. For this, investment of at least Rs 14,996 is required. Investors in IPO can apply for investors for a maximum of 13 lots. Share can be allotted on 9 October and a possible listing of shares on both BSE and NSE can be on Monday, October 13.

Disclaimer: (The information provided here is being given only for information. It is necessary to tell here that the investment in the market is subject to risks. Always consult expert before investing as an investor. Abplive.com is never advised to invest money here.)

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