The company had allotted Societe Generale 14,13,764 equity shares during the anchor bidding at a price of Rs 326 per share. The allocated shares constituted 0.99% of the total anchor quota.
Meanwhile, UK-based alternative investment (AIF) firm Marshall Wace sold 14,33,651 equity shares in two tranches through its funds — Marshall Wace Investment Strategies–TOPS World Equities Fund and Marshall Wace Investment Strategies–Eureka Fund. Both funds had participated in Tata Capital’s IPO anchor bidding, with the former allotted 5,74,770 shares and the latter receiving 23,06,026 shares.
Marshall’s stake sale in the company comes on the heels of three-month anchor lock-in expiry on Wednesday, January 7.
Following Tata Capital’s IPO anchor lock-in expiry, nearly 7.1 crore shares were set free, making them eligible for trade in the open market. They account for 2% of the total outstanding shares, according to Nuvama’s estimates.
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The Rs 15,512 crore Tata Capital’s IPO launched in October, was the largest IPO of 2025. The book building issue was a combination of fresh issue of 21 crore shares aggregating to Rs 6,846 crores, and an offer for sale (OFS) of 26.58 crore shares aggregating to Rs 8,666 crores.The stock was listed on October 13 at a 1% premium at Rs 330 per share.
The issue was subscribed 1.96 times, receiving bids worth Rs 21,254 crore. The number of share bids received by the company were 65.19 crore against 33.34 crore shares available for subscription.
Tata Capital shares today ended at Rs 359.85 on the BSE, gaining Rs 5.20 or 1.47% over the Thursday closing price.
Tata Capital is a diversified financial services company and a subsidiary of Tata Sons Private Limited. It operates as an NBFC, offering a wide range of financial products and services to retail, corporate, and institutional customers.
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