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Tuesday, February 25, 2025

Gold Prices in Bangalore Surge Again: 22K Gold Jumps Rs 2,000 Per 100g in February 2025

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Gold Prices in Bangalore Surge Again: 22K Gold Jumps Rs 2,000 Per 100g While Silver Remains Stable

Bangalore's gold market continues its bullish run as prices surged for the second time this week, reflecting a strong upward momentum in the precious metals sector. As of February 25, 2025, gold rates have shown a significant increase while silver prices remain unchanged, highlighting divergent trends in these precious metals.

Latest Gold Price Movement in Bangalore

The yellow metal has maintained its strong performance in 2025, with Bangalore gold rates already up by over 6% since the beginning of the year. Market data from February 25 shows notable increases across all gold varieties:

  • 22-carat gold prices increased by Rs 200 per 10 grams, reaching Rs 80,750
  • 24-carat gold rates jumped by Rs 220 per 10 grams, now at Rs 88,090
  • 18-carat gold prices rose by Rs 160 per 10 grams, currently at Rs 66,070

The increase becomes even more substantial when looking at larger quantities. For 100 grams of gold in Bangalore:

  • 100 grams of 24-carat gold now costs Rs 8,80,900, reflecting a significant increase of Rs 2,200
  • 100 grams of 22-carat gold is priced at Rs 8,07,500, up by Rs 2,000

Silver Market Remains Stable

Unlike gold, silver prices in Bangalore have shown no movement on February 25. Current rates stand at:

  • Silver per kilogram: Rs 1,01,000 (unchanged)
  • Silver per 100 grams: Rs 10,010 (unchanged)

This stability in silver prices contrasts with the upward momentum seen in gold, creating interesting dynamics for investors looking to diversify their precious metal holdings.

Futures Market Performance

The Multi Commodity Exchange (MCX) showed positive trends for both gold and silver futures on Tuesday morning:

  • Gold futures (maturing April 4, 2025) increased by 0.05%, trading at Rs 86,230
  • Silver futures (expiring March 5, 2025) jumped by 0.35%, trading at Rs 96,426

According to ICICI Direct's Commodity Research report, MCX Gold April is expected to maintain support at Rs 85,600 and potentially move toward Rs 86,500. A breakthrough above Rs 86,500 could open possibilities for reaching the Rs 87,000 mark. Similarly, MCX Silver March is projected to rise toward Rs 96,500 as long as it maintains support above Rs 94,500.

Global Spot Prices and Market Factors

The international precious metals market has also shown strength, with spot gold climbing 0.4% to $2,947.48 per ounce. The metal briefly touched $2,956.15, marking its eleventh record high in 2025. U.S. gold futures closed 0.3% higher at $2,963.20, while spot silver showed a slight decline of 0.7% to $32.32 per ounce.

Key Drivers Behind the Gold Rally

Several factors are contributing to the ongoing strength in gold prices:

  • Weakening U.S. dollar: The dollar index has dropped to its lowest level since December 10, making gold more affordable for investors holding other currencies
  • Safe-haven demand: Concerns over U.S. trade policies, particularly new tariff measures, have increased investor interest in gold as a safe asset
  • Trade tensions: The Trump administration's new trade and investment measures against China have heightened geopolitical uncertainty
  • Increasing ETF holdings: Rising investor interest is reflected in growing ETF positions

Market Outlook for Gold

Analysts maintain a positive outlook for gold prices in the near term. According to market experts, gold is expected to hold support near $2,925 and potentially move higher toward $2,975 amid ongoing tariff concerns. The metal's price is likely to maintain support at the 10-day EMA ($2,925) while targeting higher levels.

For investors in Bangalore and across India, the continued strength in gold prices offers both opportunities and challenges. While those holding gold may benefit from the appreciation, new buyers face increasingly higher entry points. Market participants should closely monitor economic indicators from the U.S., which could introduce further volatility in precious metal prices.

Disclaimer: The views and investment tips expressed in this article are for informational purposes only and do not represent financial advice. The views expressed are those of the sources cited and not necessarily those of this website or its management. Investing in equities or other financial instruments carries the risk of financial loss. Readers must exercise due caution and conduct their own research before making any investment decisions. We are not liable for any losses incurred as a result of decisions made based on this article. Please consult a qualified financial advisor before making any investment.

RBI Eases Risk Weights For Bank Lending To NBFCs: Relief For Non-Banking Financial Sector

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RBI Eases Risk Weights For Bank Lending To NBFCs: Relief For Non-Banking Financial Sector

In a significant policy reversal, the Reserve Bank of India (RBI) announced on Tuesday a reduction in risk weights for bank loans to Non-Banking Financial Companies (NBFCs). The central bank has reduced the risk weights from 125% to 100%, a move that is expected to provide substantial relief to the NBFC sector which has been experiencing a slowdown in credit growth.

Key Changes in RBI Policy

According to the circular released by the RBI, this reduction comes after a comprehensive review of the previous policy introduced in November 2023. The restored risk weights will officially come into effect from April 1, 2025, giving banks and NBFCs time to adjust their lending strategies and capital allocations.

This policy change represents a significant shift from the RBI's earlier stance when it had increased risk weights on bank exposures to NBFCs. The previous increase was part of the central bank's strategy to nudge non-bank lenders toward diversifying their borrowing sources amid growing concerns about interconnectedness risks in the banking system.

Impact on NBFC Credit Growth

The impact of the previous higher risk weights was clearly visible in recent credit growth data. As of December 2024:

  • Overall bank credit grew at over 11% year-on-year
  • Bank credit specifically to NBFCs rose by nearly 7%

These figures stand in stark contrast to the same period a year ago when overall bank credit growth was 20% and lending to NBFCs was growing at 15%, according to RBI data. The significant deceleration in credit flow to NBFCs highlighted the substantial impact of the risk weight adjustments implemented in 2023.

Expert Opinions on the Policy Change

Financial sector analysts have welcomed this move by the RBI. A M Karthik, senior vice president of financial sector ratings at ICRA, noted that "This shall, to an extent, provide some relief to the players and facilitate credit flow to a broader set of players than what was witnessed in the recent past."

According to Karthik, the restoration of lower risk weights will be particularly beneficial for better-rated NBFCs. He emphasized that this change will not only improve credit flow from banks to NBFCs but will also have an immediate positive impact on their capital ratios.

Understanding Risk Weights in Banking

For retail investors trying to understand the significance of this move, it's important to know that risk weights directly impact how much capital banks need to set aside when lending to different entities. Higher risk weights require banks to allocate more capital, making such lending less attractive from a return-on-capital perspective.

By reducing the risk weights back to 100%, the RBI is effectively making it less capital-intensive for banks to lend to NBFCs. This should translate into:

  • Improved availability of bank funding for NBFCs
  • Potentially better lending terms for NBFCs
  • Enhanced ability for NBFCs to extend credit to their own customers

Outlook for the NBFC Sector

This policy adjustment comes at a crucial time for the NBFC sector, which has been facing challenges in accessing bank funding. The reduced risk weights should help reverse the trend of decelerating credit growth to NBFCs, potentially enabling them to expand their lending activities to various economic sectors.

For investors with exposure to NBFC stocks, this regulatory change could potentially improve the growth prospects and profitability of these companies, particularly those with strong credit ratings. The increased availability of bank funding may also help NBFCs maintain competitive lending rates for their end customers.

The RBI's decision reflects a balanced approach to financial regulation, addressing concerns about the slowdown in credit to NBFCs while maintaining prudent oversight of the financial system's interconnected risks.

Disclaimer: The views and investment tips expressed in this article are for informational purposes only and do not represent financial advice. The views expressed are those of the sources cited and not necessarily those of this website or its management. Investing in equities or other financial instruments carries the risk of financial loss. Readers must exercise due caution and conduct their own research before making any investment decisions. We are not liable for any losses incurred as a result of decisions made based on this article. Please consult a qualified financial advisor before making any investment.

IREDA Shareholders Approve ₹5,000 Crore Fund Raise Through QIP for Green Energy Financing

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IREDA Shareholders Approve ₹5,000 Crore Fund Raise Through QIP

In a significant development for India's renewable energy financing sector, shareholders of Indian Renewable Energy Development Agency Ltd. (IREDA) have given their approval to raise up to ₹5,000 crore through Qualified Institutions Placement (QIP) of equity shares. This capital raising initiative will be executed in either one or multiple tranches, providing flexibility to the company based on market conditions.

Shareholder Approval Process

The approval was secured during the company's 22nd Extra-Ordinary General Meeting (EGM) held on Tuesday via video conferencing. Shareholders voted in favor of the resolution through remote e-voting, demonstrating strong support for the company's expansion and growth strategies in the renewable energy financing space.

This shareholder approval follows the initial green light from IREDA's Board of Directors, which had endorsed the fundraising plan on January 23, 2025. The approved plan includes provisions for the dilution of the Government of India's shareholding in the company by up to 7% post-issue equity, which may occur in one or multiple tranches depending on market conditions and capital requirements.

Strategic Objectives Behind the Fund Raise

Addressing shareholders during the EGM, Pradip Kumar Das, Chairman and Managing Director of IREDA, outlined the strategic vision behind this substantial capital raising initiative. He emphasized that the funds secured through the QIP would serve multiple critical objectives:

  • Strengthening IREDA's green financing capabilities
  • Accelerating loan book growth in the renewable energy sector
  • Supporting India's ambitious clean energy targets

This capital infusion comes at a pivotal time for India's renewable energy sector, which is witnessing rapid expansion as the country works toward its climate commitments and energy transition goals.

IREDA's International Expansion

In another significant development highlighted during the meeting, Das informed shareholders about a major milestone in the company's international expansion strategy. IREDA Global Green Energy Finance IFSC Ltd, a wholly owned subsidiary of the company, has recently received the Certificate of Registration from the International Financial Services Centre Authority (IFSCA).

This regulatory approval allows the subsidiary to commence operations as a Finance Company at GIFT City, Gujarat - India's premier international financial services center. This strategic move positions IREDA to expand its financing capabilities beyond domestic markets.

The CMD emphasized that this international presence would strengthen IREDA's commitment to lending and providing services in foreign currency, thereby reducing hedging risks associated with international renewable energy financing.

Market Implications and Industry Impact

The approved capital raise is expected to have significant implications for both IREDA and the broader renewable energy financing landscape in India. With enhanced capitalization, IREDA will be better positioned to support large-scale renewable energy projects that require substantial financing commitments.

For investors, this development signals IREDA's ambitions to expand its market presence and loan book in the high-growth renewable energy sector. The QIP route for fundraising also indicates the company's focus on bringing institutional investors on board who can provide not just capital but potentially strategic insights as well.

Supporting India's Renewable Energy Targets

This capital raise aligns with India's ambitious targets in the renewable energy sector, including achieving 500 GW of non-fossil fuel energy capacity by 2030. As a specialized financial institution focused exclusively on the renewable energy sector, IREDA plays a crucial role in channeling capital toward projects that advance these national objectives.

The enhanced financial capacity resulting from this QIP will enable IREDA to fund more projects across various renewable energy technologies, including solar, wind, hydro, biomass, and emerging areas like green hydrogen and energy storage.

Disclaimer: The views and investment tips expressed in this article are for informational purposes only and do not represent financial advice. The views expressed are those of the sources cited and not necessarily those of this website or its management. Investing in equities or other financial instruments carries the risk of financial loss. Readers must exercise due caution and conduct their own research before making any investment decisions. We are not liable for any losses incurred as a result of decisions made based on this article. Please consult a qualified financial advisor before making any investment.

Sundaram Home Finance to Double Emerging Business Segment to ₹400 Crore, Expands to Telangana

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Sundaram Home Finance Plans to Double Disbursements in Emerging Business Segment

Sundaram Home Finance has announced ambitious plans to expand its footprint in the Emerging Business (EB) segment, with a strategic focus on Telangana as its next market. The company aims to double its disbursements in this segment to over ₹400 crore within the next 12 months, building on its current momentum.

What Defines the Emerging Business Segment?

The Emerging Business segment represents a targeted approach by Sundaram Home Finance to serve specific market needs through two key loan categories:

  • Small shops and businesses loans: Financial solutions up to ₹20 lakh designed specifically for small retail establishments and local enterprises
  • Affordable housing finance: Home loans of up to ₹35 lakh catering to the affordable housing sector

This segment has emerged as a significant growth driver for the company, already crossing the ₹200 crore mark in disbursements and showing strong potential for further expansion.

Geographic Expansion Strategy

Sundaram Home Finance has built a substantial presence in Tamil Nadu with 40 dedicated branches serving the Emerging Business segment. The company has recently expanded its reach by opening five new branches in Andhra Pradesh, marking its commitment to serving customers beyond its home state.

In a significant development, the company has confirmed plans to venture into Telangana in the near future. This expansion into a third state underscores the company's confidence in the growth potential of the Emerging Business segment across South India.

Management Perspective on Growth Potential

D. Lakshminarayanan, Managing Director of Sundaram Home Finance, expressed optimism about the segment's prospects in a recent press release. He stated, "We believe that the EB segment has solid potential to grow. We have crossed the ₹200-crore mark in disbursements in the EB segment and are confident of doubling this in the next 12 months."

This confident outlook is supported by the company's strong overall performance in recent quarters.

Impressive Overall Financial Performance

The company's strategic focus on the Emerging Business segment comes against the backdrop of robust overall growth. For the third quarter ended December 31, 2024, Sundaram Home Finance registered total disbursements of ₹1,692 crore, representing a significant 35% year-on-year growth.

This strong financial performance provides the company with a solid foundation to pursue its expansion plans in the Emerging Business segment.

Market Implications

The company's strategic push into the Emerging Business segment reflects a broader industry trend of financial institutions developing specialized products for underserved market segments. By focusing on small businesses and affordable housing, Sundaram Home Finance is positioning itself to tap into high-growth areas of the economy.

For investors and market observers, this expansion strategy signals potential opportunities in financial services companies that are developing tailored approaches to serve specific customer segments with customized financial solutions.

The planned expansion into Telangana will likely intensify competition in the state's financial services sector, potentially benefiting consumers through greater access to credit and more diverse financing options.

Outlook for the Affordable Housing Sector

Sundaram Home Finance's increased focus on affordable housing finance aligns with the government's continued emphasis on housing for all. The affordable housing segment has shown resilience even during challenging economic periods, making it an attractive area for sustained growth.

As the company expands its geographic presence and increases its disbursement targets, it is well-positioned to capitalize on the structural demand for affordable housing across South India.

Disclaimer: The views and investment tips expressed in this article are for informational purposes only and do not represent financial advice. The views expressed are those of the sources cited and not necessarily those of this website or its management. Investing in equities or other financial instruments carries the risk of financial loss. Readers must exercise due caution and conduct their own research before making any investment decisions. We are not liable for any losses incurred as a result of decisions made based on this article. Please consult a qualified financial advisor before making any investment.

Adani Green Energy Secures 1,250 MW Pumped Hydro-Storage Project in Uttar Pradesh

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Adani Green Energy Secures 1,250 MW Pumped Hydro-Storage Project in Uttar Pradesh

In a significant development for India's renewable energy sector, Adani Green Energy Ltd has secured a major contract from Uttar Pradesh Power Corporation Limited (UPPCL) for a 1,250-megawatt pumped hydro-storage project. The announcement, made on Tuesday, marks another milestone in the company's expanding portfolio of sustainable energy solutions.

Project Details and Timeline

The newly awarded project, dubbed Panaura PSP, will be established in Sonbhadra district of Uttar Pradesh. What makes this project particularly notable is its minimum 40-year operational commitment, showcasing a long-term vision for renewable energy infrastructure in the region.

According to the official press release, the construction and development phase is expected to span approximately six years. This timeline aligns with India's growing focus on developing robust energy storage solutions to complement its ambitious renewable energy targets.

Adani Green's Expanding Hydro-Storage Portfolio

This latest award fits into Adani Green's broader strategy to significantly expand its presence in the hydro-pumped storage project (PSP) sector. The company has set an ambitious target of developing over 5 gigawatts of hydro-PSP capacity by 2030, positioning itself as a key player in India's energy storage landscape.

The company is not new to hydro-PSP technology, having already initiated construction on several major projects:

  • A 500 MW capacity project at Chitravathi river in Andhra Pradesh
  • A 1,500 MW project at Tarali in Maharashtra
  • A 1,800 MW facility at Gandikota in Andhra Pradesh

With the addition of the Panaura project, Adani Green continues to strengthen its portfolio of clean energy storage solutions across multiple states in India.

The Strategic Importance of Pumped Hydro-Storage

Hydro-pumped storage projects represent a mature, cost-effective, and scalable technology with immense potential for India's renewable energy ecosystem. These projects leverage an ingenious principle: using solar-generated electricity during daylight hours to pump water to elevated reservoirs, which can then be released to generate electricity during peak demand periods, particularly at night.

This approach solves one of the fundamental challenges of renewable energy - intermittency - by effectively storing energy in the form of potential energy in water, which can be converted back to electricity when needed.

Benefits of Hydro-PSP Technology

The press release highlights several key advantages that make hydro-PSP technology particularly valuable for India's evolving energy landscape:

  • Grid stability: Helping maintain consistent power quality across the network
  • Peak shaving: Reducing strain during high-demand periods
  • Flexible energy management: Allowing for rapid response to changing demand patterns
  • Frequency regulation: Maintaining the electrical grid within operational parameters
  • Reserve generation capacity: Providing backup power when needed

Additionally, these projects are recognized as among the cleanest and safest technologies for energy storage. They utilize locally available resources and have a proven track record of reliability, making them an essential component of a resilient energy infrastructure.

Market Implications

For investors watching the renewable energy sector, this development signals Adani Green's continued commitment to diversifying beyond traditional solar and wind generation into the equally crucial storage segment. The company's strategic focus on hydro-PSP technology could potentially strengthen its market position as India accelerates its transition to clean energy.

Disclaimer: The views and investment tips expressed in this article are for informational purposes only and do not represent financial advice. The views expressed are those of the sources cited and not necessarily those of this website or its management. Investing in equities or other financial instruments carries the risk of financial loss. Readers must exercise due caution and conduct their own research before making any investment decisions. We are not liable for any losses incurred as a result of decisions made based on this article. Please consult a qualified financial advisor before making any investment.

SEBI Fines Indian Clearing Corporation Rs 5 Crore for Cyber Security Non-Compliance

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SEBI Fines Indian Clearing Corporation Rs 5 Crore for Cyber Security Non-Compliance

The Securities and Exchange Board of India (SEBI) has imposed a substantial penalty of Rs 5 crore on Indian Clearing Corporation Limited (ICCL) for failing to adhere to critical cyber and network audit regulations. The regulatory action follows an inspection of ICCL's records spanning from December 2022 to July 2023.

Key Violations Identified by SEBI

The market regulator identified several significant compliance failures during its inspection of the BSE subsidiary. ICCL, which was established in 2007, was found to have violated multiple provisions related to cyber security protocols that are mandatory for Market Infrastructure Institutions (MIIs).

The primary violations include:

  • Non-maintenance of accurate and up-to-date inventory records
  • Absence of comprehensive software assets information in their inventory systems
  • Failure to properly identify critical assets based on sensitivity and importance for business operations
  • Inability to maintain current inventory of hardware, systems, software, and information assets

Audit Observation Closures Delayed

One of the most significant findings in SEBI's 37-page order highlighted ICCL's failure to address observations from bi-annual cyber audits within the stipulated timeframes. The regulatory body specifically noted that observations from the October 2022 - March 2023 audit period remained unresolved beyond the October 31, 2023 deadline set by the auditor.

The observation specifically mentioned that "The asset register lacks completeness and is not up-to-date" - a critical issue that remained unaddressed despite clear timelines for resolution.

ICCL's Defense Rejected

In its defense, ICCL claimed that SEBI had failed to consider the auditor's findings documented in the Closure Reports dated November 6, 2023. However, the regulator found this argument insufficient to excuse the compliance failures.

Additionally, SEBI noted that ICCL had failed to obtain comments from its management and board of directors before submitting the Network Audit report to the regulator. ICCL's position that the report did not warrant board comments was explicitly rejected by SEBI in its order.

Regulatory Framework for Market Infrastructure Institutions

The violations pertain to regulations outlined in SEBI's July 2015 circular on Cyber Security for MIIs. These regulations were established to ensure that critical financial market infrastructure remains resilient against cyber threats and maintains proper documentation of its technological assets.

Market Infrastructure Institutions like ICCL play a vital role in ensuring the smooth functioning of capital markets, and their cyber security practices have direct implications for market stability and investor protection.

Implications for Market Participants

This regulatory action underscores SEBI's increasing focus on cyber security compliance within India's financial ecosystem. The substantial penalty of Rs 5 crore signals the regulator's determination to enforce stringent cyber security standards across all market participants, particularly those that form the backbone of market infrastructure.

For investors and market participants, this development highlights the growing importance of cyber risk management in financial markets and the potential consequences of non-compliance with regulatory standards.

Industry-Wide Impact

The action against ICCL is likely to prompt other MIIs to reassess their cyber security frameworks and compliance mechanisms. As digital threats continue to evolve, maintaining robust cyber security practices has become increasingly critical for maintaining market integrity and investor confidence.

Disclaimer: The views and investment tips expressed in this article are for informational purposes only and do not represent financial advice. The views expressed are those of the sources cited and not necessarily those of this website or its management. Investing in equities or other financial instruments carries the risk of financial loss. Readers must exercise due caution and conduct their own research before making any investment decisions. We are not liable for any losses incurred as a result of decisions made based on this article. Please consult a qualified financial advisor before making any investment.

Sebi Tightens Derivative Market Rules: Key Proposals & Impact

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Sebi Proposes Stricter Rules for Derivative Markets

In a move to mitigate market risks, the Securities and Exchange Board of India (SEBI) has introduced new proposals aimed at tightening regulations for derivative markets. These proposals focus on lowering position limits for equity stock derivatives and tightening rules for index derivatives.

Following Previous Changes

These fresh proposals follow changes announced in October, where SEBI raised the entry barrier for derivatives trading and increased trading costs to better protect retail investors.

Concerns Over Market Volatility

The new measures are being considered against a backdrop of concerns that volatility from the futures and options market is impacting the broader stock market. The stock market has experienced a decline after reaching record highs in September 2024.

Proposed Changes

Here's a breakdown of the key proposals:

  • Equity Stock Derivatives: SEBI proposes linking the market-wide position limit for single-stock derivatives to the cash markets. This position limit would be set at the lower of 15% of the free-float market capitalization of a stock or 60-times the average daily delivery value.
  • Index Derivatives: The regulator proposes stricter criteria for offering derivatives on indices other than the BSE Sensex and NSE Nifty 50. These indices must meet certain requirements to be eligible for derivative contracts.

Rationale Behind the Proposals

SEBI believes that the new measures will:

  • Reduce potential market manipulation.
  • Better align derivatives risk with underlying cash market liquidity.
  • Ensure that derivative contracts are only introduced on indices with a minimum of 14 constituents.
  • Prevent excessive concentration in a few stocks, which could lead to market manipulation and volatility. The combined weight of the top three constituents of the indexes should be less than 45%, and the top constituent should not have a weight of more than 20%.

Pre-Open Session for Futures Market

SEBI has also proposed introducing a pre-open session to the futures market, similar to the practice in the cash market. This would initially apply to current-month futures on both single stocks and indices.

Seeking Market Feedback

SEBI has invited feedback on these proposals from market participants until March 17.

Disclaimer: The views and investment tips expressed in this article are for informational purposes only and do not represent financial advice. The views expressed are those of the sources cited and not necessarily those of this website or its management. Investing in equities or other financial instruments carries the risk of financial loss. Readers must exercise due caution and conduct their own research before making any investment decisions. We are not liable for any losses incurred as a result of decisions made based on this article. Please consult a qualified financial advisor before making any investment.

Tata Capital IPO Approved: Plans ₹1,504 Crore Rights Issue

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Tata Capital Board Approves IPO Plan, Announces ₹1,504 Crore Rights Issue

Tata Capital has announced its board's approval for an initial public offering (IPO), which will include a combination of a fresh issue of 23 crore equity shares and an offer-for-sale (OFS) by existing shareholders. The company did not disclose further details regarding the IPO.

IPO Details

  • Fresh Issue: 23 crore equity shares
  • Offer-for-Sale (OFS): By existing shareholders

Tata Capital, established in 2007, offers a broad spectrum of loans, ranging from housing to personal finance.

Rights Issue

In addition to the IPO plan, the board has decided to issue shares worth up to ₹1,504 crore on a rights basis to existing shareholders of the company.

First Tata Group IPO Since Tata Technologies

Notably, this IPO will be the first by a Tata Group company since the successful listing of Tata Technologies in 2023.

Compliance with RBI Regulations

This move aligns with the Reserve Bank of India's (RBI) mandate for 'upper layer' Non-Banking Financial Companies (NBFCs) to list within three years of being notified, which is by September 2025. Tata Capital Financial Services, which merged with Tata Capital in January 2024, is included on the regulator's list.

Tata Capital's Financials

As of March 31, 2024, Tata Capital had Assets Under Management (AUM) of ₹158,479 crore, according to a report by Crisil Ratings.

Tata Sons directly owned 92.83 percent of Tata Capital Limited's equity shares as of March 31, 2024, with most of the remaining stake held by other Tata group companies and trusts.

Tata Sons Investment

Tata Sons has infused significant capital into Tata Capital Limited in recent years, totaling ₹6,097 crore over the past five fiscal years. This includes ₹2,500 crore in fiscal 2019, ₹1,000 crore in fiscal 2020, ₹594 crore in fiscal 2023, and ₹2,003 crore in fiscal 2024.

Market Reaction

Following the announcement by Tata Capital, shares of Tata Investment surged 8 percent to trade at Rs 6,218 apiece.

Disclaimer: The views and investment tips expressed in this article are for informational purposes only and do not represent financial advice. The views expressed are those of the sources cited and not necessarily those of this website or its management. Investing in equities or other financial instruments carries the risk of financial loss. Readers must exercise due caution and conduct their own research before making any investment decisions. We are not liable for any losses incurred as a result of decisions made based on this article. Please consult a qualified financial advisor before making any investment.