October 2025 is shaping up as an IPO sprint, led by Tata Capital's strong QIB demand and a record-breaking month on the way. Bloomberg-backed chatter puts October on track to cross $5 billion in deals, with LG Electronics India pushing the OFS route. [1][4][2]
• Tata Capital – The ₹15,512-crore issue is the year’s largest, opened Oct 6 with robust QIB interest and about 26% subscriptions on day one. The IPO combines fresh equity with an Offer for Sale, signaling a big step in India’s autumn IPO rush. [1]
• LG Electronics India – The ₹11,600-crore OFS carries no fresh capital for the business; proceeds go to the parent, LG Electronics Inc. The company shows solid revenue/profit growth and a healthy ROE, but the OFS structure and valuation angles warrant scrutiny. [2]
• Market backdrop – October could become a record month for Indian IPOs, with two big-dollar issues kicking off the orders and a broader $5 billion target in sight. The surge reflects strong domestic capital and a nine-year rally in equities. [4]
• Live action – Tata Capital’s IPO is LIVE, signaling the tangible start of a busy listing cycle and a test of investor appetite for large NBFC offerings. [6]
• Caution in the mix – While the hype is real, commentary notes concerns around OFS proceeds, listing gains, and valuation checks amid a crowded calendar. [8]
What to watch: how these big listings reshape the month and whether October can sustain the IPO tempo into Q4.
References
Tata Capital IPO booked 26% on strong QIB demand
Tata Capital IPO opened Oct 6; strong QIB demand; 29% by QIB, 26% overall day one; retail interest steady.
View sourceWhat are your thoughts about LG electronics IPO
Discusses LG Electronics IPO (OFS), valuation vs peers, profitability metrics, and risks like market-share erosion.
View sourceIndian IPO Market Set for Record Month With $5 Billion in Deals
Discusses record Indian IPO month, two big listings, investor enthusiasm and caution on promoter intentions, valuations, hype and FOMO everywhere.
View sourceTata Capital IPO is LIVE
Tata Capital IPO discussed; pricing, entry strategies, listing gains uncertain; PB/PE ratios, peer comparisons; long-term hold favored.
View sourceIndian IPOs May Hit Record $5 Billion in October Even as Listed Equities Wobble
Bloomberg notes October IPO proceeds could top $5B; discusses large offerings and caution on short-term listing frenzy in India today
View source