India, Oct. 3 -- Non-bank lender Tata Capital Limited on Friday said it shall open the Bid/Offer in relation to its initial public offer of Equity Shares on October 6.

The Price Band of the Offer has been fixed at Rs. 310 to Rs. 326 per Equity Share.

The company announced that bids can be made for a minimum of 46 Equity Shares and in multiples of 46 Equity Shares thereafter.

The initial public offer comprises of offer of up to 475,824,280 Equity Shares ("Total Offer Size") comprising of a fresh issue of up to 210,000,000 Equity Shares ("Fresh Issue") and an offer for sale of up to 265,824,280 Equity Shares ("Offer for Sale").

The selling shareholders are Tata Sons Private Limited (the "Promoter Selling Shareholder") selling up to 230,...