Tata Capital may ask RBI for more time to list

Tata Capital Seeks RBI Extension for IPO Listing Deadline.

Expert Analysis:

• Extension Request: Tata Capital requests an extension beyond the September 2025 listing deadline due to its merger with Tata Motor Finance.

• Merger Details: The merger, approved by the boards and subject to SEBI, RBI, and NCLT approvals, will take 9-12 months to complete.

• IPO Timing: Tata Capital will initiate its IPO process only after the merger is finalized.

• Financial Overview: Tata Capital, rated as one of the largest diversified NBFCs, closed FY24 with a loan book of Rs 1.58 lakh crore and a net profit of Rs 3,327 crore.