Tata Capital’s ₹15,512 crore IPO is set to be listed tomorrow (October 13).
The issue price is ₹326 per share.
Despite strong subscription, GMP (grey market premium) has cooled to zero.
Analysts believe the listing may be flat given valuation expectations.
Strong credit profile and stable financials for Tata Capital are being cited as positives.
The IPO is among the largest in 2025 and will test listing appetite.
Its performance will influence sentiment for upcoming IPOs.
If listing is tepid, markets may read it as sign of overvalu
ation.
But a strong debut could renew confidence in primary markets.
All eyes will be on its opening price vs. issue price movement
.