Tata Capital IPO opened for subscription on Monday, October 6, with the subscription status reaching 39% on day 1. The price band for the issue is set between ₹310 to ₹326 per equity share with a face value of ₹10. As of now, the GMP (Grey Market Premium) for Tata Capital IPO stands at ₹7.5. Subscription details show that the retail portion was subscribed 35%, while the NII portion reached 29%. Qualified Institutional Buyers (QIBs) portion received bids totaling 52%. In addition, the employee portion was oversubscribed at 1.10 times.
Tata Capital IPO Day 1 Highlights: Issue Subscribed 39% so far. Check GMP, subscription, IPO details. Apply or not?
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