| Initial public offering of 475,824,280 equity shares of face value of Rs.10/- each (Equity Shares) of Tata Capital Limited (the Company or the Company) for cash at a price of Rs.326.0 per equity share (Including a Premium of Rs.316.0 Per Equity Share) (Offer Price) aggregating to Rs.15511.87 Crores (the Offer) comprising a fresh issue of 210,000,000 equity shares of face value of Rs.10/- each aggregating to Rs. 6846.00 Crores (the Fresh Issue) and an offer for sale of 265,824,280 equity shares of face value of Rs.10/- each aggregating to Rs.8665.87 Crores (the Offer for Sale), consisting of 230,000,000 equity shares of face value of Rs.10/- each aggregating up to Rs.7498 Crores by Tata Sons Private Limited (Promoter Selling Shareholder) and 35,824,280 equity shares of face value of Rs.10/- each aggregating to Rs.1167.87 Crores by international finance corporation (Investor Selling Shareholder) (The Promoter Selling Shareholder Along With the Investor selling Shareholder, Collectively Referred to as the Selling Shareholders and Such Equity Shares, the Offered Shares). This offer included a reservation of 1,200,000 equity shares of face value of Rs.10/- each aggregating to Rs. 39.12% Crores for subscription by eligible employees (The Employee Reservation Portion). The offer less the employee reservation portion is hereinafter referred to as the Net Offer. The offer and the net offer will constitute 11.2% of the post-offer paid-up equity share capital of the company, respectively. Price Band: Rs. 310/- to Rs. 326/- for equity share of face value of Rs. 10 each. The floor price is 31.0 times times the face value and cap price is 32.60 times of the face value of the equity shares. Bids can made for a minimum of 46 equity shares and in multiples of 46 equity shares thereafter. |