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LG Electronics will launch an 11,500 crore IPO, with subscriptions opening from October 7 to 9. The issue comprises an offer for sale of 10.18 crore shares, representing 15% of the company's equity, by its Korean parent. Anchor investors can subscribe on October 6.
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News and Media
Tata Capital's 15,512 crore IPO, the largest of 2025, is drawing robust interest from global and domestic institutions for its anchor book. The 4,600 crore anchor portion, opening October 3, is expected to be oversubscribed more than four times, with major players lining up.
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News and Media
Axis Bank is re-evaluating its plan to sell a stake in Axis Finance. The bank awaits clarity on the Reserve Bank of India's upcoming circular. Potential investors require regulatory guidance before finalising valuations. Axis Bank committed to the RBI not to infuse additional capital. Axis Finance needs significant capital for its future growth plans. This situation impacts the sector.
Category:
News and Media
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