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Two billion-dollar IPOs to test strength of India’s equity markets
Tata Capital and LG Electronics will raise $5 billion via IPOs, underscoring India’s capital-market strength.
India’s IPO pipeline is heating up with Tata Capital and LG Electronics India together set to raise nearly $5 billion this month. Analysts say the record pipeline reflects resilient investor confidence and a deepening domestic capital base. October could surpass 2021’s tally for largest single-month IPO fundraises. Institutional investors are watching subscription trends and sectoral allocations as India consolidates its global leadership in equity issuance. (Economic Times)