Tata Capital files documents for Rs 15,000 crore IPO

Tata Capital has filed with Sebi for an IPO valued at over Rs 15,000 crore. The IPO will involve new shares and an offer for sale by Tata Sons, who owns 93%. With a revenue of Rs 18,178 crore and a growing loan book, Tata Capital’s public debut is set to be one of India’s largest in the financial sector.