Two mega IPOs—Tata Capital and LG Electronics India—are set to debut imminently.

These are among the biggest IPOs in India in many years. 

Their subscription, listing, and performance will test market depth. 

October is projected to raise ~$5 billion from IPOs. 

The success or failure of these listings may affect investor confidence broadly. 

Some capital may rotate from established stocks into IPOs. 

Underperformance may create headwinds for secondary markets. 

But strong debut could spur more large IPOs in coming months. 

Sectoral demand and pricing discipline will be crucial. 

This IPO cycle is now a central feature of Indian stock narratives.