Tata Capital IPO opens today: Should you apply? Check key details

Tata Capital’s much-anticipated Rs 15,512 crore IPO opened for subscription, garnering 15% bids within its first hour. Analysts recommend ‘Subscribe’ for the attractively priced issue, citing strong financials, robust growth, and potential for a healthy listing. The offering, closing October 8, aims to augment Tier-I capital and support future lending expansion.