Overview of Tata Capital IPO Day 1 The Tata Capital IPO opened with strong initial demand as the issue was 39% subscribed on day one. The retail portion saw 35% bids, non-institutional investors (NII) 29%, and qualified institutional buyers (QIBs) at 52% bids. The employee portion was modest, booked at 1.10x. By 5:00 PM, bids…