LG Electronics India's initial public offering (IPO) has concluded with a record-breaking subscription, drawing immense investor interest. The IPO, which closed on October 9, 2025, was oversubscribed by 54.02 times, making it the most subscribed mainboard issue of 2025. The overwhelming response from investors has solidified the primary market, raising over ₹30,000 crore in a single week.

The ₹11,607-crore IPO witnessed bids worth ₹4.39 lakh crore, surpassing the previous record held by Bajaj Housing Finance. Investors bid for 385.36 crore shares against the 7.13 crore shares on offer. This remarkable subscription rate is the highest for a large Indian offering since Reliance Power's IPO in 2008.

Subscription Details

The IPO saw strong participation from all investor categories. The portion reserved for Qualified Institutional Buyers (QIBs) was subscribed a massive 166.51 times. Non-institutional investors (NIIs) subscribed 22.44 times their quota, while retail individual investors (RIIs) showed significant interest with a subscription of 3.54 times. The IPO garnered over 6.5 million applications.

Allotment Status

The allotment of shares is expected to be finalized today, October 10, 2025. Investors can check their allotment status through the following channels:

• BSE Website: Visit the BSE IPO allotment status page, select 'Equity' as the issue type, choose 'LG Electronics India Limited' from the dropdown menu, and enter your application number or PAN.
• NSE Website: Go to the NSE IPO allotment status page, select 'Equity & SME IPO bid details', choose 'LG Electronics India Ltd' under the symbol 'LGEINDIA', and enter your application number or PAN.
• KFin Technologies Website: Access the KFin Technologies IPO allotment portal, select 'LG Electronics India' from the list of IPOs, and enter your PAN, application number, or Demat account number.

Upon successful allotment, shares will be credited to investors' Demat accounts on October 13, 2025. For those who do not receive allotment, refunds will be initiated on the same date.

Grey Market Premium (GMP)

The grey market premium (GMP) for LG Electronics India IPO has remained robust, indicating sustained investor optimism. The GMP is currently around ₹380 above the upper price band of ₹1,140, suggesting a potential listing price of approximately ₹1,520 per share. This translates to a listing-day premium of about 32%. However, it is important to note that GMP is an unofficial indicator and subject to market sentiment.

Listing Date

The shares of LG Electronics India are scheduled to be listed on both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) on Tuesday, October 14, 2025.

Financial Performance

In fiscal year 2025, LG Electronics India reported a 14% year-on-year increase in revenue, reaching ₹24,631 crore. Profit after tax surged 46% to ₹2,203 crore. The company boasts healthy financial metrics, including an EBITDA margin of 12.8% and a PAT margin of 9%. LG remains debt-free and exhibits a Return on Capital Employed (ROCE) of 43% and a Return on Equity (ROE) of 37%.

Offer for Sale

The IPO was entirely an offer for sale (OFS) by LG Electronics Inc., the South Korean parent company. The offering involved the sale of 10.18 crore shares, representing 15% of its stake, with no fresh funds being raised for the company.

The success of LG Electronics India's IPO underscores the strong investor confidence in the company's growth prospects and the overall Indian market.