The IPO of LG Electronics India is set to debut on the stock market on October 14, 2025, and is generating significant buzz among investors. The IPO has been oversubscribed by a remarkable 54 times, signaling strong investor confidence in the company. The Grey Market Premium (GMP) has also surged, indicating a potentially strong listing.
Subscription Details
The IPO, which was open for subscription from October 7 to October 9, 2025, witnessed overwhelming demand across all investor categories. The issue received bids for 3.85 billion shares against the 71.3 million shares on offer.
- Qualified Institutional Buyers (QIBs): Subscribed 166.51 times.
- Non-Institutional Investors (NIIs): Subscribed 22.44 times.
- Retail Individual Investors (RIIs): Subscribed 3.55 times.
Prior to the public offering, LG Electronics India had already secured ₹34.75 million from anchor investors, further underscoring institutional confidence in the company's prospects.
Grey Market Premium (GMP)
The GMP for LG Electronics India IPO has been on the rise, reflecting the positive market sentiment. Market observers reported the GMP surging to ₹400 ahead of the listing. According to Investorgain data from October 13, 2025, the GMP stood between ₹395 and ₹400.
Listing Price Prediction
With the IPO price band fixed at ₹1,080 to ₹1,140 per share, the GMP suggests a potential listing price of around ₹1,535. This indicates possible listing gains of approximately 35%. Another estimate, taking into account a GMP of ₹300, puts the listing price at ₹1440, a 26.32% premium over the upper end of the price band.
IPO Details
- Price Band: ₹1,080 – ₹1,140 per share.
- Issue Size: ₹11,607 crore (Offer-for-Sale).
- Allotment Date: October 10, 2025.
- Listing Date: October 14, 2025.
- Registrar: KFin Technologies.
- Lead Manager: Morgan Stanley India.
The IPO is a pure Offer-for-Sale (OFS) by the South Korean parent company, LG Electronics Inc. This means that the proceeds from the IPO will go to the parent company and LG India will not receive any new capital. At the upper end of the price band, the company is valued at approximately ₹77,400 crore.
How to Check Allotment Status
Investors can check their allotment status through the following methods:
- BSE Portal: Visit the BSE IPO Allotment page, select Equity → LG Electronics India Limited, and enter your PAN or Application Number.
- NSE Portal: Go to the NSE IPO Allotment Page, select Equity and SME IPO bids, choose LG Electronics India Limited, and enter your details.
- KFin Technologies: Visit the KFintech IPO Status portal.
Significance
The LG Electronics India IPO is a significant event, marking only the second instance of a South Korean company listing on Indian stock exchanges, following Hyundai Motors India Ltd in October 2024. This IPO is part of a growing trend of multinational subsidiaries seeking listings in India to unlock shareholder value and strengthen their presence in the local market.
LG Electronics India is a prominent player in the home appliances and consumer electronics sector, catering to both B2C and B2B customers in domestic and international markets. The company manufactures a range of products, including washing machines, refrigerators, LED TVs, and air conditioners, with manufacturing facilities in Noida and Pune.
