Tue Oct 07 07:50:00 UTC 2025: Here’s a news article summarizing the provided text:

**LG Electronics India Set for IPO Debut, Hyundai Motor First South Korean Company to List in India**

**Mumbai:** LG Electronics India is poised to become only the second South Korean company to list on Indian stock exchanges, following Hyundai Motor’s listing on October 22, 2024, with its initial public offering (IPO) of 10.18 crore shares. The price band for the offering is set between ₹1,080 and ₹1,140 per share.

According to Prashanth Tapse, Sr. VP Research at Mehta Equities Ltd, the LG Electronics IPO presents an attractive opportunity for investors seeking exposure to India’s leading home appliances and consumer electronics market. “As the market leader in key segments like washing machines, refrigerators, and televisions, LG Electronics India holds a dominant position backed by strong brand equity and deep market penetration,” Tapse noted. He believes that the IPO offers Indian investors a unique chance to participate in the growth of a global consumer electronics giant.

Tapse also highlighted favorable market conditions, including the ongoing festive season, GST benefits, and rising consumer incomes, which are expected to drive growth in the sector and support the company’s performance.

The grey market premium (GMP) for LG Electronics India shares currently stands at ₹318, according to investorgain.com, indicating strong investor interest. This suggests an estimated listing price of ₹1,458 per share, a significant 27.89% premium over the upper end of the IPO price band. Experts note that the GMP has been trending upward, further pointing to a strong listing.

The text also mentioned Tata Capital IPO, with the offer price of ₹326, the issue is asking for a market cap of ₹1,38,383 crore. The Grey market activities over the last 12 sessions, suggest IPO trending downward, expected to decline further. Experts report that the lowest GMP recorded is ₹7.50, while the highest reached ₹30.

*Disclaimer: Investment decisions should be made after consulting with certified financial experts.*

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