The Initial Public Offering (IPO) of LG Electronics India Ltd closes for subscription today, October 9, marking the final opportunity for investors to participate in one of 2025’s largest IPOs.
IPO Overview
IPO Size: ₹11,607.01 crore
Type: Entirely an Offer for Sale (OFS) of 10.18 crore shares (company receives no proceeds)
Price Band: ₹1,080–₹1,140 per share
Minimum Retail Lot: 13 shares (₹14,820 at the upper band)
Allotment Date: October 10, 2025
Listing Date: October 14, 2025 (BSE & NSE)
Subscription Status
LG India IPO has seen robust investor response:
Overall: 3.33x subscribed
Retail: 1.91x
Qualified Institutional Buyers (QIB): 2.59x (excluding anchor investors)
Non-Institutional Investors (NII): 7.60x
The company offered 7.13 crore shares but received bids for over 23.73 crore shares, indicating strong demand across all categories.
Expected Returns for Investors
The grey market premium (GMP) is currently ₹300 per share (as of Oct 9, 7:29 AM).
Estimated Listing Price: ₹1,440 per share (upper band ₹1,140 + GMP ₹300)
Potential Listing Gain: ~26.32% per share
Example: A retail investor applying for the minimum 13 shares (₹14,820) could earn around ₹3,900 on listing, based on current trends.
Investment Structure
Small NII (sNII): Minimum 14 lots or 182 shares (₹2,07,480)
Big NII (bNII): Minimum 68 lots or 884 shares (₹10,07,760)
Company Background
Incorporation: 1997
Business: Leading consumer electronics and home appliances company
Product Range: Washing machines, refrigerators, air conditioners, televisions, microwaves
Retail Presence: ~77% sales from offline stores via 35,000+ touchpoints
Manufacturing: Two facilities in Noida and Pune, producing ~85% of total sales
Brokerage Recommendations
Angel One, Motilal Oswal, Ventura Securities: “Subscribe”
Analysts highlight strong brand, leadership in multiple product categories, growing local manufacturing base, and solid financial track record as key positives.
Investor Takeaways
With strong subscription numbers, a healthy grey market premium, and a well-established brand reputation, LG India’s IPO is poised for a positive debut. Experts advise maintaining a long-term perspective, as short-term performance may fluctuate due to market volatility and competition in the consumer electronics sector.
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