Tata Capital and LG Electronics India Prepare for Major IPOs Amid Market Boom
Tata Capital Ltd and LG Electronics India Ltd are preparing to launch IPOs valued over Rs 27,000 crore. Tata Capital aims to raise Tier-1 capital, while LG's proceeds will benefit its South Korean parent. The IPOs signal robust investor interest amid a flourishing Indian primary market scene in 2025.
- Country:
- India
The primary market is buzzing with anticipation as Tata Capital Ltd and LG Electronics India Ltd gear up for initial public offerings valued at over Rs 27,000 crore. These major IPOs are poised to attract strong investor interest due to their scale and the reputation of their parent companies, despite broader market challenges.
The Tata Capital IPO, the largest of the year, opens for subscription from October 6-8, featuring a fresh issue of 21 crore shares and an offer for sale of 26.58 crore shares. Valued at around Rs 1.38 lakh crore, the proceeds will enhance Tata Capital's Tier-1 capital base, driving future growth and lending operations.
Meanwhile, LG Electronics India Ltd's Rs 11,607 crore IPO takes place from October 7-9, marking it as India's third-largest IPO of 2025. This offering won't benefit the Indian unit directly, as all proceeds will go to its South Korean parent. Tata Capital shares are expected to list on October 13, followed by LG's on October 14.
(With inputs from agencies.)
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