Some upcoming IPOs include Tata Capital Ltd., the non-banking finance arm of Tata Group, which is planning to raise around $2 billion, in what could be the biggest listing this year. Walmart Inc.’s Phonepe, India’s largest provider of digital payments, is preparing to file preliminary documents for an IPO that may raise as much as $1.5 billion, Bloomberg News had reported. And LG Electronics Inc. is considering reviving an IPO of its Indian unit as soon as September, people familiar with the matter have said.