According to @business, Tata and LG will begin trading in Mumbai over the next couple of days after completing two of this year’s biggest Indian IPOs, indicating imminent listing-day price discovery and liquidity shifts, source: Bloomberg @business (Oct 12, 2025). Bloomberg frames the listings as two billion-dollar debuts that will test the strength of India’s hot IPO market, signaling a key gauge for demand and near-term sentiment, source: Bloomberg @business (Oct 12, 2025). For equity traders, the focus is on opening prints, order-book depth, and any spillover to broader India benchmarks as these debuts test market strength, source: Bloomberg @business (Oct 12, 2025). No direct cryptocurrency impact is cited by the source, but crypto traders may monitor local risk sentiment around the listings as a read-through for risk appetite, source: Bloomberg @business (Oct 12, 2025).

According to @business, Dhoot Transmission has appointed four banks to arrange its initial public offering in Mumbai, citing people familiar with the matter. Source: Bloomberg (@business), Sep 24, 2025. Bloomberg also reports the offering is around $250 million and notes the company is Bain-backed. Source: Bloomberg (@business), Sep 24, 2025. In India’s IPO process, appointing book-running lead managers typically precedes filing a draft red herring prospectus with SEBI, signaling a move toward launch. Source: SEBI ICDR Regulations. The report does not cite any direct cryptocurrency implications, while India ranks as the top crypto adoption market by activity, a context crypto traders monitor for sentiment spillovers. Source: Bloomberg (@business), Sep 24, 2025; Chainalysis, 2023 Geography of Cryptocurrency Report.