The Indian major market is buzzing this October as two heavyweight IPOs, Tata Capital Ltd and LG Electronics India Ltd (LGEIL), hit Dalal Avenue inside a day of one another.
Collectively, these points are value over Rs 27,000 crore, making this one of many busiest weeks for IPO traders in 2025.
Each Tata Capital, a homegrown non-banking monetary large, and LG Electronics India, the native arm of South Korea’s electronics main, deliver completely different strengths, valuations, and enterprise fashions to the desk. Right here’s an in depth comparability.
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Tata Capital IPO
Tata Capital’s Rs 15,512 crore IPO is the most important problem of the 12 months up to now. The providing features a recent problem of 21 crore shares and a suggestion on the market (OFS) of 26.58 crore shares, priced within the band of Rs 310-Rs 326 per share.
On the higher band, Tata Capital instructions a valuation of Rs 1.38 lakh crore.
The recent problem proceeds shall be used to strengthen Tier-1 capital, enabling the NBFC to increase its lending operations.
Tata Sons, the holding firm, will offload 23 crore shares within the OFS, whereas IFC (Worldwide Finance Company) will divest 3.58 crore shares.
On the monetary entrance, Tata Capital has been delivering regular development. Its FY25 revenue after tax stood at Rs 3,655 crore, up from Rs 3,327 crore in FY24, whereas income surged to Rs 28,313 crore, a leap of over 55 per cent year-on-year.
With a diversified guide spanning retail loans, infrastructure finance, and company lending, the corporate is well-positioned to seize India’s rising credit score demand.
Itemizing is scheduled for October 13, 2025.
Tata Capital IPO – Knowledgeable View by Anil Singhvi
For Tata Capital’s IPO, Anil Singhvi, Managing Editor at Zee Enterprise, advises traders to use for the long run slightly than chasing instant itemizing beneficial properties.
He explains that whereas the IPO is giant and allotment likelihood is excessive, it might not generate very sharp beneficial properties on itemizing, making it extra appropriate for traders regular development over time.
Singhvi highlights key positives, similar to sturdy promoters, the highest 3 NBFC market place in India, the very best AAA credit standing, a diversified and conservative enterprise mannequin, and a powerful distribution community.
On the draw back, he factors out decrease yields on loans in comparison with friends, some asset high quality considerations as a result of Tata Motors Finance merger, stiff competitors, and about 20% unsecured loans.
General, he means that long-term traders can profit from the soundness and development potential of Tata Capital, whereas holding expectations real looking on instant itemizing returns.
Learn Extra: Tata Capital IPO opens: 5 key issues to know earlier than investing in Tata group agency’s Rs 15,512-crore supply
LG Electronics India IPO
Scorching on Tata Capital’s heels, LG Electronics India Ltd (LGEIL) is popping out with an Rs 11,607-crore IPO, opening on October 7 and shutting on October 9.
The whole problem is a suggestion on the market of 10.18 crore shares, representing a 15 per cent stake divestment by the South Korea-based dad or mum firm.
The value band is ready at Rs 1,080-Rs 1,140 per share, valuing the corporate at about Rs 77,400 crore.
In contrast to Tata Capital, LG India is not going to obtain any proceeds, because the funds go to the dad or mum.
Nonetheless, the IPO offers Indian traders an opportunity to personal a chunk of a shopper electronics chief that has dominated the Indian marketplace for almost three many years.
As per SBI Securities, LG India has been the No.1 participant in India’s shopper electronics and residential home equipment sector (excluding cell phones) throughout 2022, 2023, 2024, and H1 2025.
Its market share in key product classes is unmatched: washing machines (33.5 per cent), fridges (29.9 per cent), panel televisions (27.5 per cent), inverter ACs (20.6 per cent), and microwaves (51.4 per cent).
In FY25, the corporate reported Rs 24,367 crore in income (up from Rs 21,352 crore in FY24) and internet revenue of Rs 2,203 crore (vs Rs 1,511 crore final 12 months).
Its development is supported by a pan-India distribution community of over 35,000 touchpoints, 1,006 service centres, and large-scale manufacturing items in Pune and Noida with a mixed capability of 1.45 crore merchandise yearly.
Itemizing is scheduled for October 14, 2025.
LG Electronics IPO – Knowledgeable View by Anil Singhvi
Anil Singhvi, Managing Editor at Zee Enterprise, advises traders to use for the LG Electronics IPO for each itemizing beneficial properties and long-term wealth creation. He notes that the IPO is large, so the possibilities of getting allotment are very excessive.
Singhvi means that retail traders ought to apply with a full Rs 2 lakh software, slightly than only one lot, to maximise their possibilities. He emphasises that this IPO shouldn’t be confused with Hyundai’s, as it’s 50% cheaper than listed friends, making it a sexy alternative.
The skilled highlights a number of positives, together with sturdy international model recognition, management within the Indian dwelling home equipment and shopper electronics market, a stable development observe report, and enticing valuations in comparison with friends like Havells and Voltas.
Nonetheless, he additionally factors out some negatives, similar to the truth that all the problem is an OFS, so no recent funds go to the corporate, and promoters will additional dilute their stake. Regardless of these factors, Singhvi calls it a “must-apply IPO” for traders each short-term itemizing beneficial properties and long-term worth.