Tata Investment Corporation (TIC) shares surged to a fresh 52-week high, as anticipation builds around Tata Capital’s upcoming initial public offering (IPO) scheduled for next week. The stock reached an intraday high of Rs 10,611.50 on the National Stock Exchange (NSE), marking a 20 percent jump from its previous close. Over the past month, TIC shares have gained more than 54 percent, with nearly a 22 percent rise over the last three trading sessions alone.
The increase in share price reflects strong market sentiment ahead of Tata Capital’s IPO, which is expected to be the largest public offering in India for 2025. Investors are closely monitoring the non-banking financial company’s Rs 15,512 crore IPO, which has been priced in the range of Rs 310–326 per share. At the upper end of the price band, Tata Capital is valued at approximately Rs 1.38 lakh crore.
Trading volumes for TIC were unusually high on Tuesday, indicating heightened investor interest. Over 3.36 lakh shares were exchanged in 38 block deals, almost all executed at premiums compared to Monday’s closing price. In total, more than 4.7 million shares changed hands during the day, nearly twelve times the stock’s 30-day average volume.
In a corporate development coinciding with the stock rally, Tata Investment Corporation announced a stock split in the ratio of 1:10, marking its first such corporate action. The record date for the split has been fixed as October 14. The move is expected to improve liquidity and make the shares more accessible to retail investors ahead of the IPO.
Market analysts attribute the stock’s momentum to a combination of factors, including strong fundamentals, anticipated demand for Tata Capital’s IPO, and investor optimism about long-term growth prospects in India’s financial sector. “The combination of a record-high share price and the upcoming IPO has generated significant market attention, reflecting confidence in Tata Investment Corporation and its associated group companies,” said a market strategist familiar with the stock.
The IPO itself will open for subscription on October 6 and close on October 8. The anchor book for the issue is scheduled to open on October 3, providing early institutional investors with an opportunity to secure allocations ahead of the public subscription. Analysts expect robust demand for the IPO given Tata Capital’s strong brand presence, extensive distribution network, and solid track record in lending and financial services.
Tata Investment Corporation has historically maintained a conservative investment strategy, primarily focused on long-term equity holdings across prominent Tata group companies and other large-cap enterprises. Its portfolio performance and consistent dividend record have made it a preferred choice among investors seeking steady returns within India’s financial markets.
The surge in TIC’s share price ahead of the IPO also underscores the broader trend of strong investor appetite for large, well-established financial companies. With India’s equity markets showing resilience despite macroeconomic challenges, institutional and retail investors alike are seeking opportunities in companies with strong corporate governance, proven track records, and significant growth potential.
As the IPO launch approaches, market participants will closely watch Tata Capital’s subscription trends, investor response, and aftermarket trading in TIC shares. The stock’s recent rally has positioned it as one of the most actively traded and closely watched equities in India, highlighting both the market’s confidence in the Tata group and the broader interest in financial sector IPOs this year.
With the IPO expected to generate substantial capital and broaden Tata Capital’s investor base, the coming week is likely to be pivotal for both the company and its related group companies. The combination of strategic corporate actions, market enthusiasm, and investor optimism has contributed to a notable surge in TIC shares, reflecting the strong alignment between market expectations and corporate developments within the Tata group.
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