Tata Capital and LG Electronics India Set to Launch Major IPOs
Tata Capital and LG Electronics India are preparing for significant IPOs. Tata Capital aims to raise Rs 15,512 crore by offering 47.58 crore shares at Rs 310-326 per share, valuing the company at Rs 1.38 lakh crore. LG Electronics India plans to raise Rs 11,607 crore through a 100% offer for sale of 10.18 crore shares at Rs 1,080-1,140 per share, with a valuation of Rs 77,400 crore. Tata Capital reported revenue of Rs 28,313 crore and profit of Rs 3,655 crore, while LG Electronics India's revenue stood at Rs 24,366.64 crore with a net profit of Rs 2,203 crore.
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Two significant Initial Public Offerings (IPOs) are set to hit the Indian market, with Tata Capital and LG Electronics India looking to raise substantial funds.
Tata Capital IPO Details
Tata Capital, a prominent Non-Banking Financial Company (NBFC), is gearing up for a substantial IPO. Here are the key details:
- Issue Size: 47.58 crore shares (21 crore fresh shares + 26.58 crore offer for sale)
- Price Band: Rs 310-326 per share
- Valuation: Rs 1.38 lakh crore
Tata Capital's financial performance shows:
- Revenue: Rs 28,313.00 crore
- Profit: Rs 3,655.00 crore
LG Electronics India IPO Details
LG Electronics India, a major player in the consumer electronics sector, is also launching its IPO. Here's what we know:
- Issue Size: 10.18 crore shares (100% offer for sale)
- Price Band: Rs 1,080-1,140 per share
- Stake on Offer: 15% of the company
- Valuation: Rs 77,400.00 crore
LG Electronics India's financial highlights include:
- Revenue: Rs 24,366.64 crore
- Net Profit: Rs 2,203.00 crore
Comparison of the Two IPOs
| Parameter | Tata Capital | LG Electronics India |
|---|---|---|
| IPO Size (Rs crore) | 15,512.00 | 11,607.00 |
| Price Band (Rs) | 310-326 | 1,080-1,140 |
| Issue Type | Fresh Issue + Offer for Sale | 100% Offer for Sale |
| Valuation (Rs crore) | 138,000.00 | 77,400.00 |
| Revenue (Rs crore) | 28,313.00 | 24,366.64 |
| Profit (Rs crore) | 3,655.00 | 2,203.00 |
These IPOs represent significant opportunities for investors to participate in the growth of two well-established companies in the financial services and consumer electronics sectors, respectively.
Investors are advised to carefully review the prospectus and risk factors associated with each IPO before making any investment decisions.
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