Tata Capital Markets gets license from SEBI, to offer merchant banking services

Tata Capital Ltd has informed that its subsidiary Tata Capital Markets Ltd has obtained a license from the market regulator Securities and Exchange Board of India (SEBI) to offer merchant banking services to corporate clients.

The company said that it would provide issue management services, qualified institutional placement of shares, corporate advisory services and loan syndication.

The company currently offers retail finance, corporate finance, distribution and broking, capital markets, private equity and wealth management directly and through subsidiaries.

Tata Capital is a wholly owned subsidiary of Tata Sons Ltd, the apex holding company of the Tata Group. The Company is registered with the Reserve Bank of India (RBI) as a Non Banking Financial Company undertaking fund and fee based businesses in the financial sector.