Tata Capital IPO Vs LG Electronics IPO: Full Comparison Of GMP, Price & More Before Subscription Window Opens

Two heavyweight issues, the LG Electronics IPO and the Tata Capital IPO, are opening back-to-back in the second week of October. Both IPOs are being closely looked at by investors and are currently the talk of the town. Here is a comparison of both the IPOs in terms of grey market premium, price band, allotment timelines, and gains ahead.

LG Electronics IPO

The LG Electronics IPO comes with an issue size of Rs. 11,607.01 crore, entirely structured as an offer for sale of 10.18 crore shares. This means the company itself won't receive fresh funds; the proceeds will go to existing shareholders cashing out.
The IPO opens for subscription on October 7, 2025, and closes on October 9, 2025. The price band is fixed between Rs. 1080 and Rs. 1140 per share. As of the latest update on October 4, the LG Electronics IPO GMP stood at Rs. 205, suggesting a likely listing around Rs. 1,345, an estimated 18% premium over the cap price.

For investors eyeing short-term listing gains, this IPO looks appealing. However, market experts caution that since the entire issue is an OFS, it doesn't add capital to the company's balance sheet, which may affect its long-term growth.

Tata Capital IPO

In contrast, the Tata Capital IPO is a much larger Rs. 15,511.87 crore issue, combining a fresh issue of Rs. 6,846 crore with an offer for sale of Rs. 8,665.87 crore. The subscription window runs from October 6 to October 8, 2025, with allotment likely on October 9 and a listing on October 13 across BSE and NSE.

The Tata Capital IPO price band is set between Rs. 310 and Rs. 326 per share. Unlike LG, the fresh issue component makes sure that funds raised will be deployed to strengthen the balance sheet, expand lending operations, and fuel digital initiatives.
Brokerages have been largely positive. Canara Bank Securities noted, "Tata Capital is well-positioned in India's growing NBFC sector, with strong potential in retail and SME lending supported by digital innovation. Its diversified portfolio, Tata brand trust, prudent liability management, superior asset quality, and AI-enabled "phygital" model underpin long-term growth. The IPO is priced at 4x FY25 P/B, in line with peers. Post-merger integration impacts from Tata Motors Finance are expected to normalise, supported by AAA ratings and a resilient funding profile."

The firm recommends a subscription for the long term.

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