Tata Capital Limited
+7.69 % 1 MAbout Tata Capital Limited
A Comprehensive Overview of Price & Journey
Understanding Tata Capital Limited Inception and Growth
Basic Info:
Tata Capital Limited was established in 2007 as a financial and investment service provider in India. The company is based in Mumbai and is a subsidiary of Tata Sons Group. The Company is registered with the Reserve Bank of India (RBI) as a Core Investment Company. Under the Tata Capital brand, it offers fund and fee-based financial services to its customers through itself and its subsidiaries.
Tata Capital is a trusted and customer-centric, one-stop financial services provider which caters to the diverse needs of retail, corporate and institutional customers, across various areas of business namely the Commercial Finance, Infrastructure Finance, Cleantech Finance, Wealth Management, Consumer Loans and distribution and marketing of Tata Cards.
Through its extensive network and expertise, Tata Capital plays a significant role in empowering businesses and individuals in India's ever-evolving financial landscape. Tata Capital has over 500+ branches spanning all critical markets in India.
During FY23 -24, Tata Capital moved further ahead in the journey of fulfilling India’s aspirations as they became the 3rd largest diversified NBFC in India, crossed the INR 1 lakh crore yearly disbursals mark, and maintained best-in-class asset quality.
Tata Capital Ltd is amongst the three largest NBFCs in India with over 723 branches across and in out of those locations 92% branches are in non-metros cities.
Tata Capital Ltd has over 4.5 million+ customers, out of which 83% are from non-metro areas.
Tata Capital plans to enter a new segment every year and entered education loans in January 2024 due to demand from customers. The product has three segments: Study abroad, study in India, and vocational education.
Product Portfolio
-
Personal Loans
-
Home Loans
-
Business Loans
-
Other Consumer Loans
-
Cleantech Finance
-
Institutional Distribution
-
Private Equity
-
Loan Against Property
-
Wealth Products Distribution
-
Commercial and SME Finance
-
Leasing Solutions
-
Tata Cards
Product Categorization
-
Retail: Under the Retail segment, the company provides Home Loans, Affordable Home Loans, Loans Against Property, Personal Loans, Business Loans, two-wheeler Loans, Used Car Loans, Micro Finance Loans, Education Loans, Loans Against Securities, Equipment Finance, Leasing, Construction Equipment Loans, Commercial Vehicle Loans, and Loans to Auto Dealers.
-
SME: Under the SME segment, the company provides Channel Finance, Invoice Discounting, Factoring, Term Loans and Working Capital Loans.
-
Corporate: Under the Corporate segment, the company provides Corporate Loans, Cleantech Finance, Construction Finance and Working Capital Loans.
As of March 31, 2024, TCL’s closing portfolio has grown by 35% and stood at Rs. 1,57,761 crores (March 31, 2023: Rs. 1,16,789 crores).
-
Retail and SME segments contribute to 87% of the total portfolio size as of March 31, 2024, recording a growth of 38% from March 31, 2023.
-
As of March 31, 2024, the Retail portfolio stood at Rs. 1,00,051 crores (March 31, 2023: Rs. 72,758 crore).
-
SME portfolio stood at Rs. 37,293 crores (March 31, 2023: Rs. 26,903 crore) and
-
The corporate portfolio stood at Rs. 20,416 crores (March 31, 2023: Rs. 17,129 crores).
New Product Offering
Tata Capital has launched Education Loans for students pursuing higher education in India, the USA, Canada, the UK, Australia, New Zealand, Germany, Singapore, and Dubai (UAE).
These loans are available for Undergraduate, Postgraduate, and Master's programs in science, technology, engineering & mathematics, Management, and Vocational courses. Students can access collateral-free loans up to INR 75 lakhs and secured loans up to INR 200 lakhs, covering tuition and living costs.
Key Strengths
-
A well-diversified portfolio comprising of Retail & SME mix at 85%+.
-
Tata Capital Ltd. It is a subsidiary of Tata Sons Group, so it increases the brand value of the company because of tata.
-
Recording growth of 38% in Retail and SME segments.
Performance Highlights
Consolidated performance highlights of FY 2023-24 are as under:
• Crossed the 1 lakh crore milestone for annual disbursals; FY 2023-24 disbursals at Rs. 1,05,244
crore, up by 40% YoY.
• Loan book crossed the Rs. 1.5 lakh crore mark; stood at Rs. 1,57,761 lakh crores as of March 24, up
by 35% YoY.
• A well-diversified portfolio comprising of Retail & SME mix at 85%+.
• Net interest income, including fee income of Rs. 8,069 crores, up by 31% YoY.
• Total credit cost stood at 0.5% for the year, down by 10 Basis Points Yo,Y which is amongst the lowest in the industry, signifying the strong asset quality
• NPA: Gross Non-Performing Assets went down by 20 bps to 1.5%; Net Non-Performing Assets stood at 0.38% as of March 2024 down from 0.40% in March; Provision Coverage ratio stood at 74%.
• The Return on Equity for FY 2023-24 stood at 17.6%; Return on Assets stood at 2.4%.
• Both TCL and TCHFL, the lending entities, are well capitalized, and the capital adequacy ratio is well
above the stipulated regulatory norms.
-
As of March 2024, the total number of branches stood at 723, up from 438 as of March 2023, with 92% of these located in non-metros. This translates to an average opening of over 5 branches per week. This scale-up, along with our continued investments in digital, has helped us increase our customer franchise – up from 3.3 million customers as of March 2023 to 4.5 million as of March 2024
-
Credit cost stood at 0.5%, which is amongst the lowest in the industry, signifying our strong asset quality
-
Highest ever profits after tax of INR 3,150 crore; up by 37% YoY (excluding one-time items of INR 729 crore in FY23-24)
-
ROE remains healthy at 17.6%
Milestones:
2007: TCL commences NBFC operations in 2007
2008: Tata Capital Housing Finance Ltd incorporated
2010: Tata Capital Financial Services Ltd incorporated
2012: TCL reorganised as CIC and transferred its NBFC business to TCFSL
2013: Private Equity Funds raised - $1 billion
2013: Tata Cleantech Finance incorporated
2018: Rating transition from AA+ to AAA
2023: Loan Book crosses INR 1 lakh crore mark, Highest ever PAT, TCCL & TCFSL merged into TCL
Subsidiaries:
Tata Capital Housing Finance Limited (“TCHFL”), a wholly-owned subsidiary of TCL, is registered as a Housing Finance Company with the National Housing Bank, offering home loans, loan against property and builder loans.
Private Equity Funds: The Company has set up six Private Equity Funds in India, viz. Tata Capital Growth Fund I, Tata Capital Growth Fund II, Tata Capital Healthcare Fund I, Tata Capital Healthcare Fund II, Tata Capital Innovations Fund and Tata Capital Special Situations Fund – Trust (collectively referred to as “Funds”).
Tata Securities Limited (“Tata Securities”) is a wholly-owned subsidiary of the Company. Tata Securities has been empanelled with several Asset Management Companies operating in India. Tata Securities is currently engaged in the business of distribution of Mutual Fund units.
Presence in Singapore: Tata Capital Pte. Ltd. (“TCPL”), a wholly-owned subsidiary of TCL, has been established in Singapore and is responsible for Tata Capital’s international presence and activities. TCPL’s wholly-owned subsidiary in Singapore, Tata Capital Advisors Pte. Ltd. (“TCAPL”), acts as an Investment Manager to the Private Equity Funds set up in Singapore, to which TCL acts as an Advisor.
Other Key Details
Merger of TCFSL and TCCL into TCL: In FY 2022-23, TCL announced the merger of its subsidiaries, TCFSL and TCCL, with itself leading to the creation of a larger, unified entity with a wider and stronger capital and asset base.
Credit Rating: Tata Capital secured an investment grade international rating of BBB- (equivalent to India’s sovereign rating) from S&P and Fitch. The domestic credit rating was reaffirmed at ‘AAA by the leading domestic credit rating agencies (ICRA, CARE, CRISIL).
IPO Plans
Recent reports suggest that Tata Capital is planning for its IPO launch, indicating a strategic move to comply with RBI regulations mandating the listing of upper-tier NBFCs like Tata Sons and Tata Capital by September 2025. With Tata Sons holding around 95% of Tata Capitals equity, the IPO serves as a pivotal step towards fulfilling regulatory requirements
The IPO timeline appears ambitious, aiming for a potential launch by the end of the year, provided all prerequisites are met. As part of its restructuring efforts, the Tata Group is also contemplating transferring some non-core assets to Tata Capital, further streamlining operations in preparation for the public offering.
Tata Capital Share Price
As Tata Capital prepares for its IPO, demand for Tata Capital share price is scaling new heights. Tata Capital is unlisted, but the Tata Capital share price in the unlisted market is seeing growing demand. The Tata Capital share price NSE and Tata Capital share price NSE today will be vital for investors tracing its performance post listing.
This, along with an ever-growing Tata Capital, impressive financial backings, and underpinning it is an everlasting expansion into new segments like education loans, makes it all the more potent in the market. While moving toward the IPO, it will be a tough competitor in India's NBFC sector.
Awards
International Chambers of Commerce
Green Urja Award for Clean Energy Financing
Business Today – KPMG Best Upper Layer NBFC Awards 2023
Best Innovation in Upper Layer NBFC in India for
digital customer experience and service delivery
India Green Energy Awards
Outstanding Financial Institution for Green Financing
London Global Convention and Golden Peacock Awards Ceremony
Golden Peacock Award for Risk Management
Drivers of Digital Awards 2023
Moneyfy Performance Marketing Campaigns
Digixx Summit and Awards 2024
Moneyfy Performance Marketing Campaigns
CII Digital Transformation Awards 2023
Digital Servicing for Customer Experience Enhancement
CII Digital Transformation Awards 2023
Digital Loan Against Securities
CX Innovation & Technology Summit & Awards 2023
Best Digital Transformation
Banking Frontiers Award 2023 – NBFC’s Tomorrow
Best Fraud Control Initiative, Best Risk Management Initiative
and Best Design Thinking Initiative
BFSI Innovation Confex & Awards 2023
Six honours and One award – CFAB Team
Tata Excellence Awards
JRDQV, Signi_cant Adoption of Data Excellence,
and Industry Leader in TBEM 2022 Assessment
SHOW MORE...
Basic Info:
Tata Capital Limited was established in 2007 as a financial and investment service provider in India. The company is based in Mumbai and is a subsidiary of Tata Sons Group. The Company is registered with the Reserve Bank of India (RBI) as a Core Investment Company. Under the Tata Capital brand, it offers fund and fee-based financial services to its customers through itself and its subsidiaries.
Tata Capital is a trusted and customer-centric, one-stop financial services provider which caters to the diverse needs of retail, corporate and institutional customers, across various areas of business namely the Commercial Finance, Infrastructure Finance, Cleantech Finance, Wealth Management, Consumer Loans and distribution and marketing of Tata Cards.
Through its extensive network and expertise, Tata Capital plays a significant role in empowering businesses and individuals in India's ever-evolving financial landscape. Tata Capital has over 500+ branches spanning all critical markets in India.
During FY23 -24, Tata Capital moved further ahead in the journey of fulfilling India’s aspirations as they became the 3rd largest diversified NBFC in India, crossed the INR 1 lakh crore yearly disbursals mark, and maintained best-in-class asset quality.
Tata Capital Ltd is amongst the three largest NBFCs in India with over 723 branches across and in out of those locations 92% branches are in non-metros cities.
Tata Capital Ltd has over 4.5 million+ customers, out of which 83% are from non-metro areas.
Tata Capital plans to enter a new segment every year and entered education loans in January 2024 due to demand from customers. The product has three segments: Study abroad, study in India, and vocational education.
Product Portfolio
-
Personal Loans
-
Home Loans
-
Business Loans
-
Other Consumer Loans
-
Cleantech Finance
-
Institutional Distribution
-
Private Equity
-
Loan Against Property
-
Wealth Products Distribution
-
Commercial and SME Finance
-
Leasing Solutions
-
Tata Cards
Product Categorization
-
Retail: Under the Retail segment, the company provides Home Loans, Affordable Home Loans, Loans Against Property, Personal Loans, Business Loans, two-wheeler Loans, Used Car Loans, Micro Finance Loans, Education Loans, Loans Against Securities, Equipment Finance, Leasing, Construction Equipment Loans, Commercial Vehicle Loans, and Loans to Auto Dealers.
-
SME: Under the SME segment, the company provides Channel Finance, Invoice Discounting, Factoring, Term Loans and Working Capital Loans.
-
Corporate: Under the Corporate segment, the company provides Corporate Loans, Cleantech Finance, Construction Finance and Working Capital Loans.
As of March 31, 2024, TCL’s closing portfolio has grown by 35% and stood at Rs. 1,57,761 crores (March 31, 2023: Rs. 1,16,789 crores).
-
Retail and SME segments contribute to 87% of the total portfolio size as of March 31, 2024, recording a growth of 38% from March 31, 2023.
-
As of March 31, 2024, the Retail portfolio stood at Rs. 1,00,051 crores (March 31, 2023: Rs. 72,758 crore).
-
SME portfolio stood at Rs. 37,293 crores (March 31, 2023: Rs. 26,903 crore) and
-
The corporate portfolio stood at Rs. 20,416 crores (March 31, 2023: Rs. 17,129 crores).
New Product Offering
Tata Capital has launched Education Loans for students pursuing higher education in India, the USA, Canada, the UK, Australia, New Zealand, Germany, Singapore, and Dubai (UAE).
These loans are available for Undergraduate, Postgraduate, and Master's programs in science, technology, engineering & mathematics, Management, and Vocational courses. Students can access collateral-free loans up to INR 75 lakhs and secured loans up to INR 200 lakhs, covering tuition and living costs.
Key Strengths
-
A well-diversified portfolio comprising of Retail & SME mix at 85%+.
-
Tata Capital Ltd. It is a subsidiary of Tata Sons Group, so it increases the brand value of the company because of tata.
-
Recording growth of 38% in Retail and SME segments.
Performance Highlights
Consolidated performance highlights of FY 2023-24 are as under:
• Crossed the 1 lakh crore milestone for annual disbursals; FY 2023-24 disbursals at Rs. 1,05,244
crore, up by 40% YoY.
• Loan book crossed the Rs. 1.5 lakh crore mark; stood at Rs. 1,57,761 lakh crores as of March 24, up
by 35% YoY.
• A well-diversified portfolio comprising of Retail & SME mix at 85%+.
• Net interest income, including fee income of Rs. 8,069 crores, up by 31% YoY.
• Total credit cost stood at 0.5% for the year, down by 10 Basis Points Yo,Y which is amongst the lowest in the industry, signifying the strong asset quality
• NPA: Gross Non-Performing Assets went down by 20 bps to 1.5%; Net Non-Performing Assets stood at 0.38% as of March 2024 down from 0.40% in March; Provision Coverage ratio stood at 74%.
• The Return on Equity for FY 2023-24 stood at 17.6%; Return on Assets stood at 2.4%.
• Both TCL and TCHFL, the lending entities, are well capitalized, and the capital adequacy ratio is well
above the stipulated regulatory norms.
-
As of March 2024, the total number of branches stood at 723, up from 438 as of March 2023, with 92% of these located in non-metros. This translates to an average opening of over 5 branches per week. This scale-up, along with our continued investments in digital, has helped us increase our customer franchise – up from 3.3 million customers as of March 2023 to 4.5 million as of March 2024
-
Credit cost stood at 0.5%, which is amongst the lowest in the industry, signifying our strong asset quality
-
Highest ever profits after tax of INR 3,150 crore; up by 37% YoY (excluding one-time items of INR 729 crore in FY23-24)
-
ROE remains healthy at 17.6%
Milestones:
2007: TCL commences NBFC operations in 2007
2008: Tata Capital Housing Finance Ltd incorporated
2010: Tata Capital Financial Services Ltd incorporated
2012: TCL reorganised as CIC and transferred its NBFC business to TCFSL
2013: Private Equity Funds raised - $1 billion
2013: Tata Cleantech Finance incorporated
2018: Rating transition from AA+ to AAA
2023: Loan Book crosses INR 1 lakh crore mark, Highest ever PAT, TCCL & TCFSL merged into TCL
Subsidiaries:
Tata Capital Housing Finance Limited (“TCHFL”), a wholly-owned subsidiary of TCL, is registered as a Housing Finance Company with the National Housing Bank, offering home loans, loan against property and builder loans.
Private Equity Funds: The Company has set up six Private Equity Funds in India, viz. Tata Capital Growth Fund I, Tata Capital Growth Fund II, Tata Capital Healthcare Fund I, Tata Capital Healthcare Fund II, Tata Capital Innovations Fund and Tata Capital Special Situations Fund – Trust (collectively referred to as “Funds”).
Tata Securities Limited (“Tata Securities”) is a wholly-owned subsidiary of the Company. Tata Securities has been empanelled with several Asset Management Companies operating in India. Tata Securities is currently engaged in the business of distribution of Mutual Fund units.
Presence in Singapore: Tata Capital Pte. Ltd. (“TCPL”), a wholly-owned subsidiary of TCL, has been established in Singapore and is responsible for Tata Capital’s international presence and activities. TCPL’s wholly-owned subsidiary in Singapore, Tata Capital Advisors Pte. Ltd. (“TCAPL”), acts as an Investment Manager to the Private Equity Funds set up in Singapore, to which TCL acts as an Advisor.
Other Key Details
Merger of TCFSL and TCCL into TCL: In FY 2022-23, TCL announced the merger of its subsidiaries, TCFSL and TCCL, with itself leading to the creation of a larger, unified entity with a wider and stronger capital and asset base.
Credit Rating: Tata Capital secured an investment grade international rating of BBB- (equivalent to India’s sovereign rating) from S&P and Fitch. The domestic credit rating was reaffirmed at ‘AAA by the leading domestic credit rating agencies (ICRA, CARE, CRISIL).
IPO Plans
Recent reports suggest that Tata Capital is planning for its IPO launch, indicating a strategic move to comply with RBI regulations mandating the listing of upper-tier NBFCs like Tata Sons and Tata Capital by September 2025. With Tata Sons holding around 95% of Tata Capitals equity, the IPO serves as a pivotal step towards fulfilling regulatory requirements
The IPO timeline appears ambitious, aiming for a potential launch by the end of the year, provided all prerequisites are met. As part of its restructuring efforts, the Tata Group is also contemplating transferring some non-core assets to Tata Capital, further streamlining operations in preparation for the public offering.
Tata Capital Share Price
As Tata Capital prepares for its IPO, demand for Tata Capital share price is scaling new heights. Tata Capital is unlisted, but the Tata Capital share price in the unlisted market is seeing growing demand. The Tata Capital share price NSE and Tata Capital share price NSE today will be vital for investors tracing its performance post listing.
This, along with an ever-growing Tata Capital, impressive financial backings, and underpinning it is an everlasting expansion into new segments like education loans, makes it all the more potent in the market. While moving toward the IPO, it will be a tough competitor in India's NBFC sector.
Awards
International Chambers of Commerce
Green Urja Award for Clean Energy Financing
Business Today – KPMG Best Upper Layer NBFC Awards 2023
Best Innovation in Upper Layer NBFC in India for
digital customer experience and service delivery
India Green Energy Awards
Outstanding Financial Institution for Green Financing
London Global Convention and Golden Peacock Awards Ceremony
Golden Peacock Award for Risk Management
Drivers of Digital Awards 2023
Moneyfy Performance Marketing Campaigns
Digixx Summit and Awards 2024
Moneyfy Performance Marketing Campaigns
CII Digital Transformation Awards 2023
Digital Servicing for Customer Experience Enhancement
CII Digital Transformation Awards 2023
Digital Loan Against Securities
CX Innovation & Technology Summit & Awards 2023
Best Digital Transformation
Banking Frontiers Award 2023 – NBFC’s Tomorrow
Best Fraud Control Initiative, Best Risk Management Initiative
and Best Design Thinking Initiative
BFSI Innovation Confex & Awards 2023
Six honours and One award – CFAB Team
Tata Excellence Awards
JRDQV, Signi_cant Adoption of Data Excellence,
and Industry Leader in TBEM 2022 Assessment
About Tata Capital Limited
IPO Details, Price movement
NBFC Industry
-
As of the end of March 2024, NBFCs had a CRAR of 26.6%, a GNPA ratio of 4.0% and a return on assets (RoA) of 3.3%.
-
ICRA expects the NBFC retail segment to grow by 21-23% in FY2024, which is moderately lower than the growth witnessed in H1 FY2024, given the base effect of the expansion seen in H2 of FY2023. (from ICRA report)
-
The incremental funding requirement (over and above the refinancing of existing/maturing debt) is estimated at around Rs. 3.0 trillion annually in FY2024 and FY2025.
-
The Retail AUM of NBFCs (NBFC-Retail; excluding HFCs) continued the growth momentum in Q2 FY2024, expanding 29% YoY.
-
As of September 2023, NBFCs in the country have disbursed loans amounting to over 450 billion U.S.D.
-
As per ICRA, the NBFC-Retail AUM growth rate in FY23 was 16-18% in FY23 and 12-14% in FY24.
Dividend Details
A final dividend of Rs. 0.21 per Equity Share of face value of Rs. 10 each, for the financial year ended March 31, 2024.
Management
-
Saurabh Agrawal
Chairman (Non-Executive Director)
-
Farokh Nariman Subedar
Non-Executive Director
-
Varsha Purandare
Independent Director
-
Vadalur Subramanian Radhakrishnan
Independent Director
-
Aarthi Subramanian
Non-Executive Director
-
Rajiv Sabharwal
Managing Director & CEO
-
Mr. Sujit Kumar Varma
Independent Director
-
Nagaraj Ijari
Independent Director
Fundamentals
Financials
All values are INR Cr except per share value
| P&L Statement | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Revenue | 9835.42 | 10109.34 | 13628.85 | 18174.82 |
| Other Income | 152.00 | 202.00 | 9.00 | 24.00 |
| Gross Profit | 9987.72 | 10311.41 | 13637.49 | 18198.38 |
| Total Expense | 2823.08 | 2908.42 | 3020.97 | 3939.05 |
| EBIDTA | 7164.64 | 7402.99 | 10616.52 | 14259.33 |
| D&A | 334.37 | 275.88 | 226.02 | 287.50 |
| EBIT | 6830.27 | 7127.11 | 10390.50 | 13971.83 |
| Interest Expense | 5212.58 | 4889.03 | 6600.64 | 9568.23 |
| PBT | 1614.97 | 2347.72 | 3936.56 | 4392.03 |
| TAX | 370.33 | 546.91 | 990.79 | 1065.07 |
| PAT | 1244.64 | 1800.81 | 2945.77 | 3326.96 |
| Total income | 9,987.42 | 10,311.34 | 13,637.85 | 18,198.82 |
ASSETS
| CURRENT ASSETS | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Cash and Cash Equivalents | 2026.91 | 2081.62 | 3058.88 | 6771.16 |
| Trade Payables | 26.70 | 32.55 | 75.28 | 91.26 |
| Other Current Assets | 78059.59 | 97230.92 | 130299.21 | 166700.76 |
| Total Current Assets | 80,113.20 | 99,345.09 | 133,433.37 | 173,563.18 |
| NON CURRENT ASSETS | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Plant Property and Equipment | 765.75 | 562.80 | 486.27 | 832.93 |
| Other Non Current Assets | 2051.00 | 2467.00 | 1707.00 | 2298.00 |
| Total Non Current Assets | 2,816.75 | 3,029.80 | 2,193.27 | 3,130.93 |
| Total Assets | 82,929.95 | 102,374.89 | 135,626.64 | 176,694.11 |
|---|
| CURRENT LIABILITES | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| TRADW Payable | 810.00 | 1024.00 | 1239.00 | 1407.00 |
| Other Current Liab | 70830.50 | 87955.30 | 115590.60 | 149936.40 |
| NON CURRENTLIABILITIES | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Other Non Current Liab | 482.95 | 560.86 | 647.86 | 768.49 |
LIABILITIES
| EQUITY | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Share Capital | 3464.00 | 3463.00 | 3507.00 | 3703.00 |
| Other Equity | 7342.80 | 9372.90 | 14641.59 | 20879.00 |
| Total Equity | 10,806.80 | 12,835.90 | 18,148.59 | 24,582.00 |
| Total Liabilities & Equity | 10,806.80 | 12,835.90 | 18,148.59 | 24,582.00 |
|---|
| CASH FLOW STAT | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Cash Flow from operating | 3136.76 | -14386.84 | -23189.60 | -37998.54 |
| Cash Flow from financing | -2786.68 | 17055.58 | 26429.57 | 35952.42 |
| Cash Flow from investing | -2625.74 | -2617.10 | -2269.57 | 5757.21 |
| Net cash flow | -2,275.66 | 51.64 | 970.40 | 3,711.09 |
Revenue Growth
PAT Growth %
EPS Growth %
TOTAL ASSETS Growth %
QUICK RATIO Growth %
LONG TERM DEBT TO EQUITY RATIO Growth %
Shareholding Pattern
2026
| Name | Designation | Share % |
|---|---|---|
| Tata Sons Private Limited | NA | 92.83% |
| Bodies corporate | NA | 3.20% |
| Others | NA | 3.97% |
Events
| Name | Date | Details |
|---|---|---|
| No events available. | ||
Frequently Asked Questions
Like any other financial product or commodity, the price of unlisted shares is discovered at the intersection of demand from buyers and supply from sellers of particular unlisted shares.
The two determinants of price are dynamic factors and keep changing constantly, hence share price tends to fluctuate constantly – every day, every minute.
Upon successful completion of a deal, the unlisted shares are credited electronically directly to your standard demat account that is usually created with CDSL or NSDL (Central Depository Services Limited or National Securities Depository Limited).
The lock-in period of Purple Style Labs Limited varies depending on the category of the investor:
-
Venture capital or foreign venture capital investors are subject to lock-in period of 6 months from the date of acquisition of shares
-
For AIF investors of Category-II are not subject to any lock-in.
-
Any other investor, including retail investors, HNI or corporate investors are subject to a lock-in period of 6 months from the date of listing.
Note – The above-mentioned lock-in is for mainboard, however for SME IPO the applicable lock-in period is 1 Year.
There is no regulatory minimum limit to invest in unlisted shares. However, minimum investment size varies with the per share price. Earlier, the typical investment size often ranges between 70K – 100K, but with the growing awareness and increased participation the investment size has been down sized to 50k.
Short-Term Capital Gain tax is applicable when you sell your unlisted shares within a year from date of acquisition. Realized gain is taxable at your slab rate after consolidating in total income for the year. Hence, the rate of tax depends on your overall income for the particular financial year.
Long-Term Capital Gain taxes are applicable when you sell your unlisted shares after two years from the date of acquisition. LTCG tax is calculated on profits realized on sale of unlisted shares at 12.5%. Investors particularly retail or HNI must understand the concept clearly as it impacts strategy and tax planning.
-
You can download the NSDL or CDSL application and login into the account and check whether the shares have been credited or not.
-
Credit of Unlisted Shares/Pre-IPO shares can be checked in brokers application as well but it takes T+2 days to show the shares.
-
You would also get email confirmation of credit of shares via email
-
The value of share in unlisted space is determined in the same way as it is done in the listed market. Demand and supply decide the price of any share. If the demand is more than the supply, then the price of the share increases and vice versa.
-
When a new share is introduced in the unlisted space, the value of the company is decided upon the last funding raised by the company. If the company hasn’t raised any funding in the past, then the valuation is decided upon the fundamentals of the company.
Yes, investing in unlisted shares is legal in India, the activity is regulated and governed under the rules and guidelines laid by SEBI (Securities and Exchange Board of India). Related parties must comply with the regulations and guidelines to ensure legal and financial standards.
Investing in unlisted shares in India carries a significant and distinctive risk profile such as limited liquidity, lack of transparent pricing and regulatory oversight because unlisted shares do not trade on listed stock exchange, they are bought or sold in OTC (over the counter) market that makes vulnerable to following risks:
-
Liquidity risk, unlisted shares are difficult to buy and sell,
-
Lack of transparent pricing, as share price of pre-IPO or unl;isted company is often determined by narrative not fundamentals
-
Lack of information disclosure, unlisted companies are not mandated for disclosures like listed companies
-
Tax ambiguity, because determination of fair market value and cost of acquisition of unlisted shares is often disputed
Hence, investors should carefully examine related facts before investing in Pre-IPO or unlisted shares.