Overview

• LG Electronics India’s Rs 11,607 crore IPO was fully subscribed on Day 1 and reached 1.51 times coverage by late morning on Day 2, exchange data show.
• Tata Capital’s Rs 15,511.87 crore IPO was 87% subscribed as of about 10:50 a.m. on Oct. 8, with QIBs at 0.96 times, NIIs at 0.94 times and retail at 0.79 times.
• Grey‑market quotes point to a sharp contrast, with LG’s GMP around Rs 298–305 implying roughly 26% listing gains, while Tata Capital’s ~Rs 6 suggests about 1–2% upside; GMPs are unregulated and speculative.
• LG’s issue is entirely an offer‑for‑sale by the South Korean parent, which will offload about 10.2 crore shares, whereas Tata Capital combines a Rs 6,846 crore fresh issue with a significant OFS to bolster Tier‑1 capital.
• Shares are slated to list next week, with Tata Capital scheduled for Oct. 13 and LG Electronics India for Oct. 14, following Tata Capital’s earlier Rs 4,641 crore anchor allocation.