Two Billion-Dollar IPOs to Test the Strength of India’s Booming Market — Tata Capital and LG Electronics India Set to List in Mumbai

India’s stock market — one of the world’s hottest equity markets — is about to face a major test with two billion-dollar initial public offerings (IPOs) debuting this week. Tata Capital Ltd. and LG Electronics India Ltd. are set to begin trading in Mumbai over the next couple of days, marking two of the biggest IPOs of the year.

Tata Capital Ltd., a subsidiary of the Tata Group, raised 155 billion Indian rupees (approximately $1.7 billion) — the largest IPO in India so far this year. The company’s shares will debut on the Mumbai Stock Exchange on Monday.

Meanwhile, the Indian arm of South Korea’s LG Electronics Inc. will begin trading a day later, on Tuesday, following one of the most oversubscribed IPOs of its size in the past 17 years.

Market analysts say that the successful listing of these two major companies will further strengthen investor confidence in India’s rapidly growing capital market. The country has become one of the world’s most active IPO destinations, drawing increasing interest from both domestic and international investors.