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Tata Capital and LG Electronics India Launch Mega IPOs Next Week Worth About Rs 27,000 Crore

Analysts highlight solid long‑term cases yet caution that heavy offer‑for‑sale components could temper listing gains.

Overview

  • Tata Capital opens Oct 6–8 to raise up to Rs 15,512 crore at Rs 310–326 per share through a mix of 21 crore fresh shares and 26.58 crore OFS shares to bolster Tier‑1 capital.
  • Anchor allocation for Tata Capital garnered about Rs 4,642 crore from 135 investors, including LIC and global funds, with allotment likely Oct 9 and listing guided for Oct 13 on NSE and BSE.
  • LG Electronics India opens Oct 7–9 for roughly Rs 11,607 crore at Rs 1,080–1,140 per share in a pure OFS of 10.18 crore shares, with proceeds flowing to the South Korean parent and listing expected Oct 14.
  • Grey‑market indications are mixed, with modest quotes reported for Tata Capital and a higher premium cited for LG, reinforcing broker guidance that near‑term upside may be limited.
  • The offerings cap a packed 2025 primary calendar that has raised nearly Rs 85,000 crore so far, with October deals poised to push total fundraising beyond Rs 1 lakh crore.