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LG IPO shines, Tata Cap yet to be fully booked

The Morning Standard

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October 08, 2025

EVEN as the Tata Capital initial public offering (IPO) struggled to achieve full subscription, LG Electronics India’s public issue sailed through on the first day itself, buoyed by strong investor response and favourable brokerage recommendations citing attractive valuations compared to peers.

- ARSHAD KHAN @NewDelhi

LG IPO shines, Tata Cap yet to be fully booked

The ₹11,607 crore IPO received 1.04 times subscription on Day 1. The issue, which closes this Thursday, has a price band of ₹1,080-₹1,140 per share, valuing the company at ₹77,400 crore at the upper end. In the grey market, LG shares are trading at about ₹1,418, indicating a 24% premium over the issue price. The quota for non-institutional investors (NIIs) was subscribed 1.90 times, while retail investors bid for 75% of their allotted portion. The qualified institutio

The Morning Standard'den DAHA FAZLA HİKAYE

The Morning Standard

BJP mulls permanent national commission for denotified tribes

THE BJP is in favour of the proposal seeking establishment of a nationallevel permanent Commission for the welfare of thousands of denotified, nomadic and seminomadic tribes, and a decision is likely to be taken after leaders of the BJP's OBC Morcha meet Prime Minister Narendra Modi and Home Minister Amit Shah.

time to read

1 min

October 09, 2025

The Morning Standard

Marc Rissmann onboards Bloodaxe

KNOWN for his roles in The Man in the High Castle and Game of Thrones, actor Marc Rissmann has joined Amazon MGM Studios’ Viking series Bloodaxe.

time to read

1 min

October 09, 2025

The Morning Standard

The Morning Standard

Changing soil profile after Punjab floods raises fertility worries

STUDY FINDINGS

time to read

1 mins

October 09, 2025

The Morning Standard

City firms told to pay 0.1% stamp duty on share issuance

THE Delhi revenue department clarifies that a 0.1% stamp duty on share issuance by Delhibased companies is imposed under Schedule IA of the Indian Stamp Act, 1899, according to officials.

time to read

1 min

October 09, 2025

The Morning Standard

The Morning Standard

How youth leagues have laid the platform for TN kabaddi players

LOCAL leagues helping cricketers make a step up to big leagues was one of the trends in recent times.

time to read

2 mins

October 09, 2025

The Morning Standard

Sohrabuddin encounter: CBI accepts acquittal of all

THE Central Bureau of Investigation (CBI) on Wednesday informed the Bombay High Court that it would not challenge the acquittal of all 22 accused in the alleged fake encounter case of gangster Sohrabuddin Shaikh in 2005.

time to read

1 min

October 09, 2025

The Morning Standard

US hand? PM attacks Cong over 26/11 reply

PRIME Minister Narendra Modi on Wednesday attacked the Congress, demanding that it disclose which foreign power intervened and stopped India from taking military action against Pakistan in the aftermath of the 26/11 attacks.

time to read

1 min

October 09, 2025

The Morning Standard

De Minaur beats Borges to enter quarters in Shanghai

AUSTRALIA'S Alex de Minaur cruised through to the Shanghai Masters quarterfinals on Wednesday, ousting Portugal’s Nuno Borges 7-5, 6-2.

time to read

1 min

October 09, 2025

The Morning Standard

Army builds homestays to boost border security

IN a strategic move blending national security with local economic revival, the Indian Army has inaugurated tent-based homestays in the remote border village of Garbyang in Uttarakhand.

time to read

1 mins

October 09, 2025

The Morning Standard

The Morning Standard

'His spirit undaunted': Wife meets Wangchuk at jail, gets detention order

GEETANJALI Angmo, wife of Ladakh climate activist Sonam Wangchuk, met him in Jodhpur Central Jail on Tuesday, for the first time since his detention 11 days ago. She also received a copy of his detention order, according to her social media post.

time to read

1 min

October 09, 2025

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