Overview

• Tata Capital’s Rs 15,512 crore IPO closed on Oct. 8 with about 2 times overall subscription, led by institutions, with QIB bids around 3.4 times, NIIs about 2 times and retail near 1.1 times.
• LG Electronics India’s Rs 11,607 crore offer, an all‑OFS, reached roughly 3.3 times cumulative subscription on Day 2, including QIBs at 2.59 times, NIIs at 7.60 times and retail at 1.91 times.
• Grey‑market trackers indicated a muted premium of roughly Rs 5–7 for Tata Capital (about 1–3% implied pop) versus a strong Rs 298–307 for LG India (about 25–27%), though these are unofficial and can change.
• Tata Capital’s issue mixes a fresh raise to bolster Tier‑1 capital with a large OFS by Tata Sons and IFC, whereas LG India’s proceeds go to the South Korean parent through a pure OFS with no new capital to the Indian unit.
• Key dates: Tata Capital allotment expected Oct. 9 with listing on Oct. 13, and LG India allotment expected Oct. 10 with listing on Oct. 14.