Tata Capital’s IPO garnered a 20 per cent subscription on its first day, with Qualified Institutional Buyers at 29 per cent and Retail Individual Investors at 19 per cent. The Rs 15,512 crore public offering, priced between Rs 310-326 per share, includes a fresh issue and an Offer For Sale. This listing aligns with an RBI mandate for upper-layer NBFCs.