LG Electronics India Ltd IPO: A Comprehensive Overview
LG Electronics India Ltd’s initial public offering was subscribed 0.07 times as of 10:55 a.m. on its first day of bidding. The issue will close on Oct. 9, 2025. The IPO will only comprise an offer for sale (OFS) of up to 10.18 crore equity shares. The price band for the issue is set at Rs 1,080-1,140 per share.
IPO Details
Through the IPO, the South Korean parent — LG Electronics Inc. — will offload 10.2 crore shares. The lot size for an application is 13 shares, which means the minimum amount of investment required by a retail investor is Rs 14,820 based on the upper price band. The allotment of shares to IPO investors will be finalized tentatively on Oct. 10, and the credit to the demat account will be done on Oct. 11. LG will list on the BSE and NSE on Oct. 14.
Business Overview
LG Electronics India operates in two key segments: home appliances and air solutions and home entertainment. It has firmly established itself as the market leader in major home appliances and consumer electronics, excluding mobile phones. The company holds the top position in India across product categories such as washing machines, refrigerators, panel TVs, inverter air conditioners, and microwaves as per the value market share in the offline channel, stated the draft red herring prospectus.
Grey Market Premium (GMP)
The grey market premium for the LG Electronics IPO was Rs 323 as of 10:58 a.m. on October 7. With an upper price band of Rs 1,140, the estimated listing price is Rs 1,463. This means that the unlisted shares of LG Electronics’ IPO were trading at Rs 1,458 per share in the private market, indicating an expected gain of up to 28.33% per share. To know more about Grey Market Premium and its significance in IPOs, read our detailed article.
Subscription Status
The IPO was subscribed 0.07 times on its first day of bidding. The issue will close on Oct. 9, 2025. To check the subscription status of the IPO, visit our website for the latest updates.
Investment Bankers
Morgan Stanley India Co., JPMorgan India Pvt., Axis Capital Ltd., BofA Securities India Ltd. and Citigroup Global Markets India Pvt. are the bankers for the IPO. The role of investment bankers in an IPO is crucial, and they play a significant role in the success of the issue.
Listing Date
LG will list on the BSE and NSE on Oct. 14. To know more about the IPO listing process and how to check the listing status, read our detailed article.
Conclusion
In conclusion, the LG Electronics India Ltd IPO is a significant event in the Indian stock market. With a strong business overview and a good grey market premium, the IPO is expected to attract investors. However, it is essential to do your own research and analyze the IPO prospectus before making an investment decision.
