The IPO season in India is witnessing two big names: Tata Capital and LG Electronics India. In this article, we walk through their IPO subscription trends, price bands, grey market premium (GMP), allotment status and what to watch ahead.
About the IPOs
An initial public offering (IPO) is when a company offers its shares to the public for the first time. Investors can bid within a price band, and allotment is done based on demand. Before listing, shares may trade informally in a grey market, creating a grey market premium (GMP), which reflects investors’ expectations of listing gains.
Tata Capital IPO: Key Details
IPO Name, Price Band, Lot Size & Dates
- IPO Name: Tata Capital Limited (NBFC of the Tata Group)
- Price Band: ₹310 to ₹326 per share
- Lot Size: 46 shares per lot
- Subscription Period: October 6 to October 8, 2025
- Allotment Date (tentative): October 9, 2025
- Listing Date (tentative): October 13, 2025 on NSE / BSE
Subscription & GMP
The Tata Capital IPO was fully subscribed by the final day. In the grey market, GMP was modest. On Day 1, reports showed a GMP around ₹7.5 over the upper band (₹326) implying an expected listing of around ₹333.5. Some earlier sources showed higher GMP (₹20) but it tapered as bidding progressed.
Corporate Events, Dividend & Bonus
As of now (pre-listing), there’s no announcement of declared dividend or bonus. Because the IPO is fresh, these corporate benefits typically come after listing and based on the company’s profitability.
Stock Price & Multibagger Potential
Once listed, the stock price will start from the listing market and move based on sentiment and fundamentals. If it outperforms, it could become a multibagger. However, no guarantees exist — GMP hints only an expected premium, not assured returns.
How to Check Tata Capital IPO Allotment Status
To know if you received shares:
- Visit the registrar’s site (e.g., Kfin Technologies / MUFG Intime India) and input your PAN and application number.
- Check via BSE / NSE website under “IPO Allotment Status” using your application details.
- Brokers or your demat platform may also show allotment status once finalized.
Look for terms like tata capital ipo allotment status, ipo subscription status, or tata capital ipo allotment date. MUFG / Intime India is commonly used for registrar services.
LG Electronics India IPO: Key Details & GMP
IPO Name, Price Band, Lot Size & Dates
- IPO Name: LG Electronics India (offer-for-sale by parent company)
- Price Band: ₹1,080 to ₹1,140 per share
- Lot Size: 13 shares (multiple of 13)
- Subscription Period: October 7 to October 9, 2025
- Allotment Date: October 10, 2025 (tentative)
- Listing Date: October 14, 2025 (expected)
Subscription & GMP Trends
The LG Electronics IPO saw strong subscription. On Day 3, it was oversubscribed many times across investor categories.
Grey market premium (GMP) has also been high. On Day 3, GMP reached around ₹321–₹328 over the upper band of ₹1,140, implying listing estimates around ₹1,461 or higher (i.e. ~28-29% premium). Some sources quote GMP near ₹298 after a slight dip.
Corporate Events, Dividend & Bonus
LG Electronics IPO is purely an offer-for-sale (OFS) by the parent, so no fresh capital is raised by the company. There is no immediate dividend or bonus tied to IPO proceeds. Dividend or bonus decisions will depend on the company’s performance post-listing.
Stock Price & Multibagger Scope
If the listing is strong and the company delivers robust margins and growth, it could become a multibagger. But the high GMP already reflects aggressive expectations, so room for downside exists.
Comparing Tata Capital vs LG Electronics IPO Behavior
- Tata Capital’s GMP was modest, reflecting more cautious sentiment, while LG’s GMP is aggressive, showing strong listing expectations.
- Tata Capital is raising fresh capital (part fresh issue + OFS). LG’s IPO is purely OFS.
- Tata Capital lists earlier, but long-term performance will depend on its NBFC business and market cycles.
Steps to Check IPO Allotment Status (General Approach)
General steps for checking allotment:
- Go to registrar’s website (e.g. MUFG / Intime / Kfin etc).
- Enter your PAN and application number or reference number.
- Alternatively, check via BSE / NSE IPO allotment status pages.
- Your broker or demat account may also show whether shares are credited.
Disclaimer
This article is for informational purposes only and should not be considered investment advice. IPO grey market premium (GMP) is an unofficial sentiment indicator and may not reflect the real listing price. Investments in IPOs carry risk. Always conduct your due diligence or consult a financial advisor before subscribing.
FAQs
Q: What does “IPO subscription” mean?
A: It refers to how much demand (number of bids) the IPO receives from investors compared to the number of shares on offer. For example, a 5x subscription means demand is five times the available shares.
Q: Can grey market premium (GMP) guarantee listing gains?
A: No. GMP is informal and based on speculation. Actual listing price can differ widely. Use GMP only as a sentiment gauge, not a guarantee.
Q: When will Tata Capital IPO shares get credited to my demat account if allotted?
A: If allotment is on October 9, 2025, share credit usually begins on October 10, and listing date is October 13 as per the tentative schedule.
