Two prominent and distinct companies, Tata Capital Limited and WeWork India Management Limited, recently made their debut on the Indian stock exchanges.

Tata Capital Ltd.TATACAP₹330.50 +1.38%

Listing Gain – 1.23%

Total Subscription – 1.91x

Tata Capital Ltd., the diversified financial services arm of the Tata Group and the third-largest diversified NBFC in India, listed at ₹330 per share, a minor premium of 1.23% over its issue price of ₹326. The listing on October 13, 2025, was in line with muted investor demand for the ₹15,511.87 crore issue, which was the largest IPO of 2025. The issue consisted of a ₹6,846 crore fresh issue and an ₹8,665.87 crore Offer for Sale (OFS).

The company is a subsidiary of Tata Sons and offers a comprehensive suite of over 25 lending products, including personal, home, and commercial loans, alongside non-lending segments like wealth management and private equity. As of June 30, 2025, it operated through an extensive pan-India network of 1,516 branches across 1,109 locations.

Financially, the company showed strong growth for the quarter ended June 30, 2025 (Q1 FY26). Operating Revenue grew 17.09% quarter-on-quarter (QoQ), while EBIDT surged 30.19%. The company’s Net Profit more than doubled, increasing by 114.42% QoQ to ₹989.89 crore, primarily due to this strong operational performance and a sharp increase in other income, which grew by 141.37%. Total Expenditure also fell by 9.55%, further boosting profitability.

WeWork India Management Ltd.WEWORK₹609.90 -2.38%

Listing Gain – 0.31%

Total Subscription – 1.15x 

WeWork India Management Ltd., a flexible workspace operator, listed on October 10, 2025, at a minimal premium of 0.31% over its issue price of ₹648 per share. The IPO was a book-built issue of ₹3,000 crore, entirely an Offer for Sale (OFS) of 4.63 crore shares. The minimal listing gain was reflected in the subdued total subscription rate of 1.15 times.

Incorporated in 2016, WeWork India offers a comprehensive array of flexible workspace solutions, including private offices, co-working spaces, and tailored managed offices. The company markets a category-defining brand supported by its relationship with WeWork Global and is backed by the Embassy Group, one of India’s top developers.

As of June 30, 2025, the company had 68 Operational Centres with a total capacity of 114,077 desks across eight major Indian cities. Its ability to attract large enterprise clients, such as Amazon Web Services and JP Morgan, highlights its strength in offering Grade A properties in top-tier micro markets.

Note: The stock prices mentioned are as of 3:30 pm.