Commercial Vehicles subsidiary shares of Tata Motors will go public today; experts believe the listing price should be as follows.

Shares of Tata Motors Commercial Vehicles are scheduled to go public on the Indian stock exchange today. The Tata Motors Commercial Vehicles arm listing date has been scheduled by the corporation for November 12, 2025. Tata Motors' recently separated commercial vehicle (CV) division will debut its equity shares on the BSE and NSE stock exchanges.

The Tata Motors demerger, which went into effect on October 1, is followed by the listing of equity shares of the company's commercial vehicle division. For each Tata Motors share held as of the record date, stockholders received one share of Tata Motors Commercial Vehicles Ltd. under the Tata Motors demerger plan. The date of Tata Motors' demerger was October 14, 2025. The Passenger Vehicles (PV), Electric Vehicles (EVs), and Jaguar Land Rover (JLR) operations are now placed under Tata Motors Passenger Vehicles Ltd (TMPV), which is already listed independently, while the Commercial Vehicles (CV) division has been rebranded Tata Motors. A BSE announcement states that more than 368 crore equity shares with a face value of ₹2 apiece will be allowed to trade in the "T" Group of Securities under the ticker symbol "TMCVL." To facilitate a seamless price discovery process, the stock will stay in the trade-for-trade category for the first ten sessions.

On October 14, shares of Tata Motors Passenger Vehicles Ltd. (TMPV) went on sale as a separate company, with a post-record-date adjustment value of about ₹400 per share. The implied residual value of the Tata Motors commercial vehicle arm was projected to be between ₹260 and ₹270 per share based on the pre-demerger closing price of ₹660.75. Expecting a robust debut between ₹320 and ₹470 per share, analysts are upbeat about the Tata Motors Commercial Vehicles IPO.

TMLCV is probably going to list for more than its ₹260 suggested valuation. As individual and institutional investors adjust their portfolios following the demerger, the stock may experience price volatility, according to Abhinav Tiwari, a research analyst at Bonanza.

Tiwari thinks the CV company is well-positioned to expand its worldwide reach given Tata Motors' market dominance in the commercial vehicle segment, robust cash flow, and acquisition of Italy's Iveco.