LG Electronics India Limited launched its initial public offering (IPO) in the Indian primary market on October 7, 2025. The IPO will remain open for bidding until October 9, 2025. The company, a major player in India’s home appliances and consumer electronics segment, has set the IPO price band between ₹1,080 and ₹1,140 per share. The total issue size stands at ₹11,607.01 crore, entirely through an offer for sale (OFS), and will be listed on both the BSE and NSE.
As of today, the Grey Market Premium (GMP) for the IPO has risen to ₹318, up ₹68 from the previous day’s ₹250. This surge is attributed to positive secondary market sentiment and strong subscription levels. By 2:57 PM on day two, the IPO was subscribed 2.72 times overall, with the retail portion at 1.72 times, non-institutional investors (NII) at 6.44 times, and qualified institutional buyers (QIB) at 1.64 times.
Analysts at Anand Rathi have given the IPO a “Subscribe” rating, noting its strong brand presence, in-house manufacturing, and reasonable valuation based on a P/E of 37.6x. The expected listing date is October 14, 2025, with allotment likely on October 10.
