Tata Capital’s stock market debut was underwhelming for anyone hoping for fireworks. The shares opened at Rs 330 on listing day, roughly 1% above the IPO price of Rs 326—a flat, polite start for what was billed as the biggest public issue of the year.
That will sting short-term listing hunters. But if investors step back and look at the bigger picture, there’s plenty that suggests investors do not need to panic.
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First, the listing result mirrors market conditions and expectations, not the company’s intri
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