Two Giants, One Market: LG Electronics and Tata Capital IPOs Ignite Investor Frenzy

Image Source : Moneycontrol

The IPO grey market premiums (GMP) for two landmark listings—LG Electronics India and Tata Capital—highlight strong investor interest as subscription windows close. LG Electronics commands a robust GMP around ₹300 (26-28% premium), while Tata Capital sees a muted GMP near ₹6, signaling distinct market expectations ahead of their respective listings.

LG Electronics and Tata Capital IPOs: Market Buzz and GMP Insights
Indian stock markets are abuzz with two mega IPOs this October. LG Electronics India’s IPO, valued at ₹11,607 crore via an offer-for-sale, and Tata Capital’s ₹15,511 crore book-built IPO have attracted robust subscription and significant grey market activity, signaling strong investor appetite.

The LG Electronics IPO price band is set between ₹1,080 and ₹1,140 per share, with the GMP hovering near ₹300, indicating anticipation of a listing price around ₹1,440, reflecting estimated gains of about 26-28%. The subscription is over 6 times, powered by strong anchor investor participation, retail, non-institutional, and qualified institutional bids. The IPO closes October 9, with allotment expected October 10 and listing scheduled for October 14.

Conversely, Tata Capital’s IPO GMP stands modest at around ₹6 above the upper price band of ₹326, indicating estimated listing gains near 1.8%. The IPO is slightly less subscribed but nearly doubled on the final day, closing October 8. Tata Capital’s allotment and listing timelines target October 13 listing on both BSE and NSE.

Notable updates:
LG Electronics IPO oversubscribed 6.3 times, Tata Capital nearly 2 times on closing days.

LG IPO entirely an offer-for-sale by the parent company; Tata Capital IPO includes fresh issue and offer-for-sale.

Tata Capital’s IPO priced at ₹310-₹326, while LG’s band is ₹1,080-₹1,140 per share.

LG Electronics expected to be valued at around ₹77,000 crore at the upper band, making it a top consumer durables IPO.

Tata Capital IPO meets RBI’s NBFC listing norms, underscoring regulatory significance.

Major takeaways:
LG Electronics’ significantly higher GMP reflects strong market enthusiasm driven by brand leadership and growth prospects.

Tata Capital’s muted GMP indicates more cautious optimism, likely influenced by sectoral and valuation considerations.

Both IPOs present differentiated investor value propositions—tech-driven consumer durables vs. financial services.

Market experts point to strong anchor participation as a positive signal for investor confidence in both offerings.

Important points to note:
GMP values indicate potential listing gains but are speculative and subject to market dynamics.

LG Electronics’ manufacturing expansion and premium branding underpin its robust investor appeal.

Tata Capital’s diversified financial services offerings position it as a key NBFC player with steady growth potential.

Investors should assess fundamentals and market conditions before participating.

These IPOs mark two of the most awaited listings of 2025, shaping primary market momentum and offering contrasting investment narratives for investors seeking long-term wealth creation.

Sources: Economic Times, Moneycontrol, NDTV Profit, IPOWatch, Swastika Investmart.