BETA Technologies launches IPO of 25 million shares priced $27-$33
Investing.com -- Tata Capital shares rose modestly in their trading debut on Monday, marking India’s largest initial public offering of 2025 in one of the world’s fastest-growing economies.
The nonbanking financial services firm raised $1.75 billion in its IPO. Shares opened higher on their first day of trading on the Bombay Stock Exchange, initially gaining over 2.0% to 332.80 rupees before trimming some of those gains.
By Monday afternoon, Tata Capital stock was trading at 330.10 rupees, representing a modest increase from its IPO price of 326.00 rupees.
Tata Capital is an arm of Tata Sons, one of India’s largest conglomerates. The successful listing adds to the growing surge of equity fundraising activity in the Indian market this year.
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