the financial services arm of the Tata Group, has officially announced the price band for its upcoming Rs 15,511 crore initial public offering (IPO). The price hasbeen set between Rs 310 and Rs 326 per equity share, with a face value of Rs 10 each.

This marks a significant capital market debut for the company, with shares being offered at a steep discount of nearly 55.6% from their last traded price of Rs 735 in the unlisted market and 71% from their April peak of Rs 1,125, according to data from UnlistedZone.com.