LG Electronics India Limited launched its initial public offering (IPO) in the Indian primary market on October 7, 2025, and the bidding will remain open until October 9, 2025. As a leading name in the home appliances and consumer electronics segment in India, the company has set the IPO price band at ₹1,080 to ₹1,140 per share. The issue aims to raise ₹11,607.01 crore, entirely through an offer for sale (OFS), and is proposed to be listed on both the BSE and NSE.
As per market observers, the Grey Market Premium (GMP) for the LG Electronics IPO has increased to ₹318 today, a rise of ₹68 from yesterday’s ₹250. This surge in GMP is attributed to a stronger secondary market sentiment and solid subscription numbers after the first bidding day.
By 5 PM on Day 2, the IPO was subscribed 3.32 times overall. The retail portion was booked 1.90 times, while the Non-Institutional Investor (NII) category saw 7.60 times subscription, and Qualified Institutional Buyers (QIBs) subscribed 2.59 times. Each lot of the IPO consists of 13 equity shares.
