Purbalee Dutta 
The LG Electronics IPO had a slow start on October 7 but gained momentum later, achieving full subscription by the end of the first day, with two more days of bidding remaining. The Tata Capital IPO, closing today, was 75% subscribed by its second day. Analysts offer mixed views on these IPOs. Tata Capital’s issue includes a fresh sale of 21 crore shares and an offer for sale of 26.58 crore shares, priced between ₹310 and ₹326. Arun Kejriwal advises caution, noting this price is much lower than its earlier unlisted valuation of over ₹1,100, marking the third main board IPO priced below unlisted value. LG Electronics’ IPO, priced ₹1,080-₹1,140, involves 10.18 crore shares and will be the second South Korean company to list in India after Hyundai Motors.
Prashanth Tapse of Mehta Equities views Tata Capital as a solid long-term investment, highlighting its scale, diversification, and brand strength with reasonable valuations. He considers LG Electronics an attractive option for both short-term gains and long-term growth due to its leadership in home appliances and consumer electronics. Abhinav Tiwari of Bonanza praises both IPOs but notes Tata Capital faces challenges from its merger, impacting asset quality and investor sentiment.
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