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The company will use proceeds from the IPO towards the development of company’s ongoing and upcoming projects.

Brent crude futures for November rose 21 cents, or 0.3%, to $74.11 a barrel. U.S. crude futures for November rose 24 cents, or 0.3%, to $70.61.

The company operates a diversified financial services platform designed to meet the diverse retail credit needs of under-served households and businesses across India.

The initial share sale being oversubscribed 30.46 times during its three-day bidding period.

Spot gold was flat at around $2,625.52 per ounce. Bullion reached a new high of $2,635.29 on Monday. Gold futures nudged down 0.1% to $2,650.30.

The company's sustained financial growth and development ambitions have positioned it well in the market.

Sterling was close to a two-and-a-half-year high last week, with the Bank of England taking a significantly less dovish stance.

Sector performance showed the PSU Bank index up over 3%, and the Realty index increased by more than 2%.

Asian stock markets also trade higher on Tuesday morning over potential stimulus measures from China, bolstered by encouraging remarks from Federal Reserve policymakers.

Here are some of the stocks that may see significant price movement today: Punjab National Bank, NTPC, Power Grid, etc.