The IPO of LG Electronics India Ltd is set to close for bidding today, October 9, presenting investors with a final chance to participate in one of the significant offerings of 2025. Valued at Rs 11,607.01 crore, the LG Electronics IPO is an offer for sale (OFS) of 10.18 crore shares, with the company not receiving any proceeds from the issue.
Since its subscription opening on October 7, the LG India IPO has garnered substantial interest from investors. As of October 8, the exchange data indicates that the issue was oversubscribed 3.33 times in total. The retail segment saw a subscription of 1.91 times, the Qualified Institutional Buyers (QIB) segment 2.59 times (excluding anchor investors), and the Non-Institutional Investors (NII) category experienced strong demand at 7.60 times.
Despite offering 7.13 crore shares, LG Electronics received bids for over 23.73 crore shares, demonstrating significant investor enthusiasm across various categories.
The grey market premium (GMP), currently at Rs 300 as of October 9, 2025, serves as an indicator of investor sentiment and potential listing gains. With the IPO price band set at Rs 1,080 to Rs 1,140 per share, the estimated listing price hovers around Rs 1,440 (Rs 1,140 + Rs 300), suggesting a projected gain of approximately 26.32% per share for investors who secure allotment and retain the shares until listing.
This implies that an investor applying for the minimum lot of 13 shares (amounting to Rs 14,820 at the upper end of the price band) could potentially earn around Rs 3,900 upon listing, based on current market trends.
The LG Electronics IPO features a price band of Rs 1,080 to Rs 1,140 per share. The minimum lot size for retail investors stands at 13 shares, necessitating an investment of Rs 14,820 at the upper limit. Small non-institutional investors (sNII) can apply for 14 lots or 182 shares (Rs 2,07,480), while big non-institutional investors (bNII) can opt for 68 lots or 884 shares (Rs 10,07,760).
The final allotment for the LG Electronics IPO is scheduled for October 10, with the shares expected to debut on both BSE and NSE on October 14, 2025.
Established in 1997, LG Electronics India is a prominent player in consumer electronics and home appliances, holding a dominant position in product categories like washing machines, refrigerators, air conditioners, televisions, and microwaves. The company boasts a robust offline retail presence, with over 35,000 touchpoints contributing to nearly 77% of its sales. Operating major manufacturing facilities in Noida and Pune, LG Electronics generates approximately 85% of its total sales volume from these sites.
Brokerage firms such as Angel One, Motilal Oswal, and Ventura Securities have recommended a “Subscribe” rating for the LG India IPO, citing the company’s strong brand, leadership in multiple product categories, expanding local manufacturing base, and solid financial performance as key factors for their positive outlook.
With substantial investor interest, a healthy grey market premium, and a well-established brand reputation, LG India’s IPO seems poised for a successful market debut. However, experts advise investors to adopt a long-term perspective, considering market volatility and sector competition that could impact short-term performance.