LG Electronics India is set to list its shares on Indian stock exchanges on October 14, 2025, following a highly subscribed initial public offering (IPO). The IPO, an offer-for-sale (OFS) by the parent company LG Electronics Inc, has drawn strong investor interest, marking it as the third-largest IPO in India in 2025 so far.
The LG Electronics India IPO is a full offer-for-sale, with the parent company divesting its stake. The India unit will not receive any proceeds from the issue.
The IPO has a total size of ₹11,607 crore, with a price band of ₹1,080 to ₹1,140 per share, representing a market capitalisation of roughly ₹77,000 crore ($8.7 billion) at the upper price band. A total of 10.18 crore equity shares were on offer.
Prior to the public offering, the company raised ₹3,474 crore from anchor investors, who were allocated 3.04 crore shares at the upper end of the price band.
As of 10:15 AM on the final day of bidding, the IPO had been subscribed 3.7 times, with bids placed for 26.36 crore shares compared to 7.13 crore shares on offer.
The retail investor portion saw a subscription of 2.03 times, with bids for 7.23 crore shares against an allocation of 3.55 crore shares.
Non-institutional investors (NIIs) led the subscription, with their portion oversubscribed by more than 9 times, as bids for 13.75 crore shares were placed against 1.52 crore shares allotted.
Qualified Institutional Buyers (QIBs) also showed strong interest, with their portion subscribed 2.6 times, totaling 5.28 crore shares in bids compared to 2.03 crore shares available.
In the unlisted segment, LG Electronics India shares were trading at a 26% premium, with a grey market price (GMP) of ₹298 per share, a figure that has remained consistent since Wednesday.
It is important to note that grey market prices are indicative and speculative, and the actual listing price on October 14 may differ from these reports.
The IPO is fully subscribed, reflecting strong market confidence in LG Electronics India.
Anchor investors were allocated shares at the upper end of the price band, highlighting institutional demand.
Retail and institutional segments saw robust participation, with NIIs leading the subscription numbers.
This high subscription rate indicates the IPO’s popularity among different categories of investors, from retail buyers to large institutional participants.
LG Electronics India shares are scheduled to list on the stock exchanges on October 14, 2025. The listing will mark the next stage for investors looking to trade shares post-IPO.
The IPO’s success is largely attributed to:
Strong brand presence in India
Robust investor confidence
Strategic divestment by the parent company
The OFS structure ensures that the India unit’s operations remain unaffected, while the parent company capitalises on its stake sale.
The IPO price band of ₹1,080-₹1,140 per share translates to a potential market valuation of around ₹77,000 crore at the upper limit.
The company’s strategy to pre-allocate 3.04 crore shares to anchor investors at ₹1,140 per share demonstrates strong institutional backing. This pre-IPO support boosts confidence among retail and non-institutional investors ahead of the public offering.
Conclusion
The LG Electronics India IPO has witnessed exceptionally high demand, with subscriptions overshooting multiple times across all investor categories. The grey market premium of ₹298 per share indicates strong market optimism ahead of the October 14 listing.
With a successful IPO, LG Electronics India joins the list of highly subscribed 2025 public offerings, providing investors an opportunity to own shares in a well-established consumer electronics brand.