New Delhi: Two major IPOs are in focus this week in India’s primary market—LG Electronics India Limited and Tata Capital Limited. The LG Electronics IPO opened on October 7, 2025, and will close on October 9, 2025.
A leader in home appliances and consumer electronics, LG Electronics has set its price band at Rs 1,080–Rs 1,140 per share, aiming to raise Rs 11,607.01 crore entirely through an Offer for Sale (OFS).
Tata Capital’s IPO, on the other hand, opened on October 6 and will close on October 8, 2025. Its price band is Rs 310–Rs 326 per share.
The Tata Group’s NBFC arm plans to raise Rs 15,511.87 crore through a combination of fresh issue and OFS.
Both IPOs are expected to list on the BSE and NSE, with Tata Capital likely to debut on October 13, 2025.
LG Electronics IPO Grey Market Premium Jumps Rs 68
The Grey Market Premium (GMP) for LG Electronics IPO surged to Rs 318 today, up Rs 68 from yesterday’s Rs 250.
Market experts say this rise shows strong investor interest and positive sentiment after the first day of bidding.
The momentum indicates growing confidence among investors ahead of the IPO’s closing.
Strong Investor Response for Tata Capital and LG Electronics IPOs
Both IPOs are seeing healthy investor participation. By 12:21 PM on Day 3, Tata Capital’s IPO was subscribed 1.07 times overall, with retail investors applying 0.87 times, Non-Institutional Investors (NII) 1.22 times, and Qualified Institutional Buyers (QIB) 1.28 times.
LG Electronics IPO saw even stronger response by 12:21 PM on Day 2, subscribed 1.97 times overall. Retail investors applied 1.39 times, NII 4.65 times, and QIB 0.94 times.
These figures indicate robust confidence in both high-profile issues.
Tata Capital IPO: Key Dates, Price Band, and Subscription Details
The Tata Capital IPO runs from October 6–8, 2025, with a price band of Rs 310–Rs 326 per share.
The allotment will be announced on October 9, and listing on BSE and NSE is expected on October 13, 2025.
The company aims to raise Rs 15,511.87 crore—Rs 6,846 crore through fresh shares and Rs 8,665.87 crore via OFS.
Investors can apply in lots of 46 shares. MUFG Intime India Private Limited is the registrar, while Kotak Mahindra Capital, BNP Paribas, Citigroup Global Markets India, HDFC Bank, HSBC Securities & Capital Markets (India), ICICI Securities, IIFL Capital Services, JP Morgan India, SBI Capital Markets, and Axis Capital are the book-running lead managers.
LG Electronics IPO: Key Information and Financial Highlights
LG Electronics India plans to raise Rs 11,607.01 crore entirely through OFS. Applications can be made in lots of 13 shares.
The allotment is expected on October 10, 2025, with listing likely on October 14, 2025.
KFin Technologies Ltd is the registrar, and Morgan Stanley India, J.P. Morgan India, Axis Capital, BofA Securities, and Citigroup Global Markets India are the book-running lead managers.
The IPO reflects a market capitalization of Rs 77,380.05 crore. As of March 31, 2025, LG Electronics reported a PAT margin of 8.95%, an EBITDA margin of 12.75%, and a price-to-book value slightly above 13.
The company has shown steady growth in revenue and profit over the past three fiscal years.
