IPO-bound Tata Capital is set to roll out its rights issue on July 4 at ₹343/share, Moneycontrol reported. The company, which is preparing to raise ₹17,200 crore, has valued its rights issue 2.75 times lower than its share price in the unlisted market, which was ₹945 on June 2. Discounted pricing is aimed at cooling speculative sentiment in unlisted market.