Current Affairs · Business and IPOs
In September 2025, Tata Capital is set for a $2 billion IPO. Which of the following statements about this is/are correct? 1. The IPO consists of 47.58 crore shares including 21 crore fresh shares and 26.58 crore shares via Offer For Sale (OFS). 2. Tata Sons will sell 23 crore shares, and IFC will sell 3.58 crore shares in the OFS portion, slightly diluting promoter holdings. 3. The IPO is in line with RBI’s mandate requiring upper-layer NBFCs to go public within three years of classification.
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