Leading the charge is Tata Capital, launching a massive Rs 15,512 crore IPO. With a price band of Rs 310–326 per share, it becomes the largest NBFC IPO in India. Tata Capital plans to raise Rs 6,846 crore via fresh issue, while Tata Sons and IFC will offload Rs 8,666 crore through an offer for sale.

Next up is LG Electronics India, opening its Rs 11,607 crore IPO from October 7–9. This is a complete OFS by its Korean parent. Rubicon Research follows on October 9, aiming to raise Rs 1,377.50 crore. Other IPOs include Canara Robeco AMC, Canara HSBC Life Insurance, Anantam Highways Trust’s InvIT, and Mittal Sections in the SME segment.

This biggest IPO week ever also sees closures of ongoing issues like WeWork India’s Rs 3,000 crore IPO and several SME offerings.

The post Seven IPOs Worth Over Rs 30,000 Crore to Open This Week appeared first on India Podcast.

ASHA stated that it is demanding the immediate release of Rs. 670 crore in pending payments. Additionally, they expect a clear action plan for the remaining Rs. 2,000 crore dues before entering any further discussions with the government. Officials highlighted that the large pending payments are severely affecting hospital operations and patient care, making it increasingly difficult to maintain essential services.

The association warned that unless the government addresses these financial obligations promptly, it will have no choice but to halt NTR specialty healthcare services, impacting patients across Andhra Pradesh.

The post NTR Healthcare Services May Suspend from October 10 Over Pending Dues appeared first on India Podcast.

Jio Platforms, which owns Reliance Jio Infocomm, plans to raise nearly ₹50,000 crore through the IPO. To strengthen investor confidence, the company wants to increase its average revenue per user (Arpu) and improve overall financial performance. Analysts say a Jio Platforms IPO tariff hike could help boost return on capital employed (RoCE) from single digits to 12–13%, making it more attractive before the listing.

In the past, telecom operators often raised tariffs after the festive season. Two of the last three hikes came in November or December, while the most recent was in July 2024. With the effects of that hike fading, experts see the timing as ideal.

Brokerage reports highlight that Jio is in a strong position for the IPO. Lower capex in coming years and higher free cash flows will support growth. Jio’s expansion into AI Cloud, IoT, and enterprise services will also push valuation estimates to ₹10–12 lakh crore.

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