FILE PHOTO: Men walk past a screen displaying market results outside the Bombay Stock Exchange (BSE) in Mumbai, India, April 7, 2025. REUTERS/Francis Mascarenhas/File Photo
MUMBAI: Tata Capital Ltd’s US$1.7bil initial public offering (IPO) attracted anchor investors, including funds managed by Morgan Stanley, Goldman Sachs Group Inc and Nomura Holdings Inc as well as domestic mutual funds and insurers.
The company allocated 46.4 billion rupees (US$523mil) of shares to the investors ahead of its listing, which opens for public subscription today, according to an exchange filing confirming an earlier Bloomberg News report.
