Tata Capital’s $1.75 Billion IPO Fully Subscribed Amid Strong Institutional Demand

Tata Capital’s $1.75 billion public share sale was fully subscribed on its final day, driven by strong institutional demand. The IPO, India’s largest this year, attracted bids worth $1.24 billion, with qualified institutional buyers exceeding their reserved portion. The Mumbai-based financial services company is seeking a valuation of up to $15 billion amid a busy IPO market.

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