New Delhi, Oct. 5 -- Tata Capital Ltd is set to launch its Rs.15,511-crore initial public offering on Monday as the financial services arm of the Tata group bets on its marquee parentage and stellar growth to make a successful capital market debut.

The digitally focused non-bank lender, which caters to retail borrowers, small businesses and corporates, is expected to gain from the faster pace of credit growth among non-banking financial companies (NBFCs).

Yet, investors must weigh the company's scale, brand strength, and AAA credit rating against near-term concerns around profitability and asset quality.

The Rs.15,511-crore initial public offering (IPO), the fourth-largest in India, opens on Monday and will remain open for subscription...