India’s Tata Capital announced on Tuesday that it has approved plans for an initial public offering (IPO), which will involve the company issuing 230 million new shares. Existing shareholders will exit through the offer for sale route. India’s Tata Capital announced on Tuesday that it has approved plans for an initial public offering (IPO), which will involve the company issuing 230 million new shares. Existing shareholders will exit through the offer for sale route. Economic Times