Last Updated:
Tata Capital, LG Electronics, ICICI Prudential AMC, Pine Labs, and WeWork India are gearing up to raise funds, making this one of the strongest IPO months ever.
India’s IPO market has remained one of the most active globally this year.
India’s stock market is set for a busy October, with companies lining up record initial public offerings (IPOs) worth nearly Rs 45,000 crore ($5 billion). Big companies such as Tata Capital, LG Electronics, ICICI Prudential AMC, Pine Labs, and WeWork India are gearing up to raise funds, making this one of the strongest IPO months ever.
According to Bloomberg data, Tata Capital will lead the pack with a Rs 15,500-crore issue, followed by LG Electronics and ICICI Prudential AMC.
Tata Capital: Biggest IPO Of This Year
The Tata Capital IPO is set to be launched on October 6. It will be closed on October 8. The Rs 15,500-crore IPO is the biggest IPO this year. Its price band has been fixed at Rs 310 to Rs 326 per share. Ahead of the IPO, the non-banking financial company has collected Rs 4,642 crore from 68 domestic and global institutional investors, with the anchor book witnessing demand nearly five times higher than the allocated amount.
The IPO will also mark the Tata Group’s biggest market debut since Tata Technologies in 2023.
Its grey market premium (GMP) currently stands at 2.76%, indicating subdued interest of the investors for the IPO.
LG Electronics: Korean Giant’s India Play
South Korean electronics major LG is planning to raise around Rs 11,607 crore through its India listing. The IPO will remain open for public subscription on October 7 and October 9. Its price band has been fixed at Rs 1,080 to Rs 1,140 per share. The minimum amount of investment required by a retail investor is Rs 14,820, based on the upper IPO price.
Its GMP currently stands at 20%, signalling decent listing gains for investors.
WeWork India: Co-Working Giant Eyes Rs 3,000 Crore
WeWork India has opened its IPO to raise nearly Rs 30,000 crore. The company has seen strong demand for flexible office spaces as startups and corporates adopt hybrid work models. The IPO will test the market’s faith in the co-working business post-pandemic.
Its price band has been fixed in the range of Rs 615 to Rs 648 apiece. It is open for public subscription between October 3 and October 7.
Its GMP remains low at 0.77%, indicating flat or negating listing for the IPO.
ICICI Prudential AMC, Pine Labs, Canara HSBC Life File For IPOs
ICICI Prudential Asset Management Company, one of India’s top fund houses, aims to raise about Rs 10,000 crore via IPO. With mutual fund investments growing rapidly across smaller cities and towns, the issue will offer investors an opportunity to gain exposure to the expanding asset management business.
Fintech unicorn Pine Labs plans to raise nearly Rs 6,000 crore through its IPO, making it one of the largest listings in the technology space this year. The company, known for its digital payment and merchant solutions, will be closely watched as investors gauge sentiment towards tech startups after mixed performances by Paytm and Zomato.
Canara HSBC Life Insurance is looking to raise about Rs 25 billion through its public issue. The insurer’s IPO will add to the financial sector’s strong showing this month and offer investors exposure to India’s expanding life insurance market.
India’s IPO market has remained one of the most active globally this year.
Haris is Deputy News Editor (Business) at news18.com. He writes on various issues related to personal finance, markets, economy and companies. Having over a decade of experience in financial journalism, Haris h…Read More
Haris is Deputy News Editor (Business) at news18.com. He writes on various issues related to personal finance, markets, economy and companies. Having over a decade of experience in financial journalism, Haris h… Read More
October 05, 2025, 08:50 IST
Read More
