Tata Capital Limited Unlisted Shares
Company Profile
Tata Capital Limited (CIN: U65990MH1991PLC060670) is the flagship NBFC of Tata Sons, founded on March 8, 1991. It stands as India’s third-largest diversified non-banking financial company, offering retail, SME, corporate finance, and wealth management solutions. With a loan book of ₹1.57 lakh crore and over 723 branches nationwide, Tata Capital plays a pivotal role in India’s financial inclusion story.
Key Areas of Focus
Tata Capital addresses diverse customer needs through:
- Retail Finance: Personal, home, vehicle, consumer durable, and education loans
- SME & Commercial Finance: Business loans, working capital, equipment, and commercial vehicle finance.
- Corporate & Infrastructure Finance: Term loans, cleantech, developer, and infrastructure finance.
- Wealth & Distribution: Portfolio management services, insurance distribution, mutual funds, and loans against securities.
Business Operations and Market Position
Operating through 723+ branches—with 92% in non-metro regions—Tata Capital manages ₹1.76 lakh crore of assets under management and serves over 4.5 million customers. Its broad geographic reach, digital onboarding (97%), and strong parentage under the Tata Group cement its leadership in India’s NBFC sector.
Core Product Portfolio
- Personal Finance: Unsecured loans up to ₹25 lakh at competitive rates.
- Home Finance: Mortgages via Tata Capital Housing Finance Limited.
- Vehicle & Durable Loans: Finance for cars, two-wheelers, and consumer electronics.
- SME Solutions: Tailored working capital and equipment finance packages.
- Corporate Lending: Large-ticket loans for infrastructure and clean-energy projects.
Manufacturing Capabilities and Expansion Plans
While financial services are core, Tata Capital leverages group synergies in digital and analytics platforms. It continues to expand its branch network and digital offerings, aiming for 800 branches by 2026 and scaling AI-driven credit underwriting across segments.
Promoters & Management
| Name | Role |
| Rajiv Sabharwal | Managing Director & CEO |
| Saurabh Agrawal | Chairman |
| Rakesh Bhatia | Chief Financial Officer |
| Sarita Kamath | Company Secretary & Compliance |
| Farokh Subedar | Director |
| Varsha Purandare | Director |
| Aarthi Subramanian | Director |
| Sujit Varma | Director |
| Nagaraj Ijari | Director |
Shareholding Pattern
| Shareholder Category | Holding (%) |
| Tata Sons Private Limited (Promoter) | 88.5 |
| Other Tata Group Entities | 4.5 |
| Public & Institutional Investors | 7.0 |
Company Fundamentals
| Metric | Details |
| Outstanding Shares | 427.07 crore |
| Face Value | ₹10 per equity share |
| Authorized Share Capital | ₹14,000 crore |
| Paid-up Share Capital | ₹4,270.75 crore |
| ISIN | INE976I01016 |
| PAN Number | AADCP9147P |
| GST Number | 27AADCP9147P2ZM |
| Registered Office | 11th Fl, Tower A, Peninsula Business Park, Lower Parel, Mumbai 400013 |
| Incorporation Date | March 8, 1991 |
| Industry Classification | Financial Services – NBFC |
| Regulatory Authority | Reserve Bank of India |
Financials
Consolidated Income Statement (₹ crore)
| Particulars | FY 2022-23 | FY 2023-24 |
| Total Income | 13,637.49 | 18,198.38 |
| Interest Income | 12,329.21 | 17,100.53 |
| Net Interest Income | 7,036.85 | 8,630.15 |
| Other Income | 1,308.28 | 1,447.62 |
| Finance Costs | 6,600.64 | 9,568.23 |
| Employee Benefits Expense | 1,294.18 | 1,850.09 |
| Profit Before Tax | 3,789.86 | 4,403.60 |
| Net Profit | 3,029.20 | 3,150.21 |
Balance Sheet (₹ crore)
| Particulars | Mar 31, 2023 | Mar 31, 2024 |
| Loans & Advances | 1,57,760.55 | 2,21,950.37 |
| Investments | 7,902.02 | 8,717.79 |
| Cash & Bank Balances | 6,771.16 | 9,478.20 |
| Total Assets | 1,75,980.68 | 2,48,167.61 |
| Debt Securities & Borrowings | 1,39,646.56 | 1,98,762.97 |
| Equity Share Capital | 3,703.05 | 3,762.44 |
| Other Equity | 19,714.08 | 23,458.61 |
Cash Flow Statement (₹ crore)
| Particulars | FY 2022-23 | FY 2023-24 |
| Net Cash from Operating Activities | 3,178.20 | 2,667.27 |
| Net Cash from Investing Activities | (1,544.12) | (3,279.89) |
| Net Cash from Financing Activities | 3,068.36 | 4,692.23 |
| Net Increase in Cash & Cash Equivalents | 4,702.44 | 4,079.61 |
Annual Reports and Regulatory Compliance
Tata Capital’s financial statements conform to Ind-AS and undergo statutory audits by MSKA & Associates and KKC & Associates LLP. Annual reports for FY 2021-22 through FY 2023-24 are available upon request and detail segment performance, risk management, and governance disclosures.
IPO Preparations and Market Listing Plans
SEBI granted IPO approval in June 2025. Tata Capital plans a mixed fresh issue and offer-for-sale amounting to ₹17,200 crore, targeting a valuation of ~$11 billion. The IPO launch is anticipated in July–August 2025, with listing on BSE and NSE by September 2025 to comply with RBI’s mandatory listing directive.
FAQs – How to Buy or Sell Tata Capital Limited Unlisted Shares
How can I buy Tata Capital Limited Unlisted Shares?
Register on UnlistedShareBrokers, complete KYC by submitting PAN, Aadhaar, cancelled cheque, and demat details. Browse the Tata Capital page, select the desired lot, and place your buy order.
What is the minimum lot size for Tata Capital unlisted shares?
Typically 50–100 shares per transaction, subject to broker terms.
What documents are required for Tata Capital unlisted share transactions?
PAN card, Aadhaar card, Client Master Report (CMR), cancelled cheque, and an active NSDL/CDSL demat account.
What is the current lock-in period for Tata Capital unlisted shares?
SEBI mandates a six-month lock-in from acquisition for pre-IPO unlisted shares.
How are Tata Capital unlisted shares transferred between accounts?
Via Delivery Instruction Slip (DIS), either offline paper submission to your DP or online e-DIS through your broker’s portal.
What are the current valuation metrics for Tata Capital?
At ₹900–₹985 per share and EPS of ₹8.99 for FY 2023-24, P/E trades near 109.5x and P/B at 15.6x.
What makes Tata Capital shares attractive for investment?
Strong Tata Group backing, market leadership, robust asset quality (GNPA 1.47%), digital transformation, and impending IPO listing gains.
What are the tax implications of Tata Capital unlisted share transactions?
Short-term capital gains (≤24 months) taxed at slab rates; long-term gains (>24 months) taxed at 20% with indexation benefits. Dividend income taxed per your bracket.
Can I pledge Tata Capital unlisted shares for loans?
Yes. Lenders typically extend 50–70% loan-to-value against high-quality unlisted shares, subject to credit appraisal and IPO prospects.
What is the outlook for Tata Capital’s IPO and exit opportunities?
With SEBI approval secured, the IPO slated for mid-2025 offers a clear exit route. Anticipated strong listing performance could deliver significant upside for pre-IPO investors.
