A positive GMP premium signals that the IPO is likely to be at profit while a negative GMP indicates that the IPO is likely to be at a discount. It should be noted that IPO GMP is subject to extreme volatility, so an investment decision based solely on Tata Capital IPO GMP will prove risky. Tata Capital IPO Day 2 GMP (October 7): The latest grey market estimates hint towards a strong listing. Get complete details on the Tata Capital Limited IPO – including price, dates, lot size, GMP, financials, live subscription status, and more. All key updates in one place. Tata Capital IPO GMP Today: Tata Capital IPO , a non-banking financial company (NBFC) of Tata Group, is now open for subscription. Today (Monday, October 6) is the first day of three-day subscription. Tata Capital IPO will remain open for subscription till Wednesday (October 7), according to schedule announced by the company.