In today’s briefing:
- Tata Capital Pre-IPO – The Positives – Will Ride High on the Brand Name
- Molbio Diagnostics Limited Pre-IPO Tearsheet

Tata Capital Pre-IPO – The Positives – Will Ride High on the Brand Name
- Tata Capital Limited is looking to raise up to US$2bn in its upcoming India IPO.
- Tata Capital Limited (TCL) is the flagship financial services company of the Tata group and a subsidiary of Tata Sons Private Limited.
- In this note, we talk about the positive aspects of the deal.
Molbio Diagnostics Limited Pre-IPO Tearsheet
- Molbio Diagnostics Limited (1788863D IN) is looking to raise about US$229m in its upcoming India IPO. The deal will be run by Kotak, IIFL, Jefferies and Motilal.
- Molbio specializes in point-of-care molecular diagnostics. The company sells hardware devices such as the Polymerase Chain Reaction (PCR) analyzers and consumable test kits tailored to detect specific diseases.
- As of FY25, its revenue base remains primarily domestic, with ~80% of revenue from India and the rest from Nigeria, Bangladesh, and Indonesia. The company manufactures its products in India.
