Belstar Microfinance IPO vs Tata Capital IPO

Comparison between Belstar Microfinance IPO and Tata Capital IPO.

IPO Details

Belstar Microfinance IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Tata Capital IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of Belstar Microfinance IPO is up to ₹1,300.00 Cr whereas the issue size of the Tata Capital IPO is up to ₹15,511.87 Cr. The final issue price of Belstar Microfinance IPO is and of Tata Capital IPO is ₹326.00 per share.

 Belstar Microfinance IPOTata Capital IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹310.00 per share
Issue Price (Upper)₹326.00 per share
Issue Price (Final)₹326.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size46 shares
Fresh Issue Size0 shares21,00,00,000 shares
Fresh Issue Size (Amount)up to ₹1,000.00 Crup to ₹6,846.00 Cr
OFS Issue Size0 shares26,58,24,280 shares
OFS Issue Size (Amount)up to ₹300.00 Crup to ₹8,665.87 Cr
Issue Size Total0 shares47,58,24,280 shares
Issue Size Total (Amount)up to ₹1,300.00 Crup to ₹15,511.87 Cr

IPO Timetable

Belstar Microfinance IPO opens on , while Tata Capital IPO opens on Oct 06, 2025. The closing date of Belstar Microfinance IPO and Tata Capital IPO is , and Oct 08, 2025, respectively.

Financials & KPIs

Belstar Microfinance IPO P/E ratio is , as compared to Tata Capital IPO P/E ratio of 35.99.

 Belstar Microfinance IPOTata Capital IPO
Financials

Company Financials (Restated)

Period Ended31 Dec 202331 Mar 202331 Mar 202231 Mar 2021
Assets8,096.886,226.904,560.293,467.29
Total Income1,295.211,037.92728.43552.94
Profit After Tax235.12130.3345.1346.65
NET Worth1,323.691,092.30855.93541.72
Reserves and Surplus1,274.841,043.46810.32504.20
Total Borrowing6,424.184,826.493,557.042,795.64
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Tata Capital Ltd.'s revenue increased by 56% and profit after tax (PAT) rose by 10% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended30 Jun 202531 Mar 202531 Mar 202431 Mar 2023
Assets2,52,254.282,48,465.011,76,693.981,35,626.10
Total Income7,691.6528,369.8718,198.3813,637.49
Profit After Tax1,040.933,655.023,326.962,945.77
EBITDA5,565.8620,338.2214,247.7610,763.22
NET Worth32,761.7332,587.8223,540.1917,959.06
Reserves and Surplus29,260.8824,299.3618,121.8311,899.32
Total Borrowing2,11,851.602,08,414.931,48,185.291,13,335.91
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)73.395.6
Promoter Shareholding (Post-Issue)85.5
P/E Ratio35.99
Market Cap₹138382.73 Cr.
ROE12.6%
ROCE
Debt/Equity6.60
EPS₹23.76₹9.06
RoNW11.93%11.2%

Shares Offered

In the Belstar Microfinance IPO Retail Individual Investors (RII) are offered 0 shares while in Tata Capital IPO retail investors are offered 0 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Belstar Microfinance IPO and 9,49,24,856 shares in Tata Capital IPO.

 Belstar Microfinance IPOTata Capital IPO
Anchor Investor Reservation0 shares14,23,87,284 shares
Market Maker Reservation0 shares0 shares
QIB0 shares9,49,24,856 shares
NII0 shares7,11,93,642 shares
RII0 shares16,61,18,498 shares
Employee0 shares12,00,000 shares
Others
Total0 shares47,58,24,280 shares

Bids Received (Subscription)

Belstar Microfinance IPO subscribed in total, whereas Tata Capital IPO subscribed 1.96x.

 Belstar Microfinance IPOTata Capital IPO
QIB (times)3.42x
NII (times)1.98x
Big NII (times)1.90x
Small NII (times)2.14x
RII (times)1.10x
Employee (times)2.92x
Other (times)
Total (times)1.96x

Compare with others

Compare: