Overview
- Tata Capital’s Rs 15,511–15,512 crore IPO, priced at Rs 310–326, opens Oct. 6–8 in what is slated to be 2025’s largest issue.
- An exchange filing shows Rs 4,641.8 crore raised from anchor investors, with participants including LIC, Morgan Stanley, Goldman Sachs and leading domestic mutual funds.
- The offer combines a fresh issue of 21 crore shares to strengthen Tier‑1 capital with an OFS of about 26.6 crore shares by Tata Sons and IFC, complying with the RBI’s listing mandate for upper‑layer NBFCs.
- Share allotment is expected on Oct. 9, with demat transfers and refunds on Oct. 10 and listing on the BSE and NSE scheduled for Oct. 13.
- LG Electronics India launches a Rs ~11,607 crore, OFS‑only IPO at Rs 1,080–1,140 from Oct. 7–9, as India’s October pipeline is projected to surpass $5 billion in IPO proceeds.