Battle of NBFC giants: Should you invest in Tata Capital IPO or one of Bajaj Finance and HDB Financial?

Tata Capitals IPO positions it between Bajaj Finance and HDB Financial, offering investors a tactical growth opportunity with potential re-rating backed by its strong brand, capital base, and expanding retail book. Bajaj Finance remains the safest long-term play with stable compounding, while HDB Financial provides steady growth once asset quality stabilizes, catering to different investor profiles in Indias NBFC space.