The LG Electronics IPO started slowly on October 7 but gained traction by the end of the day, closing fully subscribed at 1.04x with two bidding days remaining. In contrast, the Tata Capital IPO, which ends on October 8, was only 75% booked by its second day. Analysts are divided in their views on both IPOs. Tata Capital’s offering includes a fresh issue of 21 crore shares and an OFS of 26.58 crore shares, priced between ₹310–₹326. Arun Kejriwal noted that the price is much lower than the earlier unlisted value of over ₹1,100, urging investor caution due to recent similar trends. LG Electronics’ IPO, priced between ₹1,080–₹1,140, includes an OFS of 10.18 crore shares and marks it as the second Korean company listing in India.
Prashanth Tapse sees Tata Capital as a good long-term bet in financial services with stable growth, reasonable valuations, and brand strength. He also views LG’s IPO as a strong opportunity, citing its market leadership, brand strength, and promising valuation. Abhinav Tiwari agrees both IPOs are fairly priced but prefers LG for its stronger financials, scalability, and growth focus, unlike Tata’s OFS-driven structure and recent asset quality concerns.