LG Electronics IPO Allotment: Record Demand Sets Stage for Historic Market Debut
New Delhi, October 10, 2025 – The Indian stock market is abuzz as LG Electronics India’s initial public offering (IPO) reaches a pivotal moment. After a three-day subscription period from October 7–9, investors are now eagerly awaiting the allotment results, expected to be finalized today, October 10. The IPO, entirely structured as an offer-for-sale (OFS) by the South Korean parent company, has already made headlines for its unprecedented demand.
Historic Subscription Figures
The LG Electronics IPO, valued at ₹11,607 crore, has shattered records, attracting bids worth approximately ₹4.4 trillion. The total shares on offer stood at 71.33 million, yet the bidding amassed over 385 million shares — translating into a remarkable overall subscription of 54.02 times.
Breaking it down:
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Qualified Institutional Buyers (QIBs): Oversubscribed 166.51 times
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Non-Institutional Investors (NIIs): 22.45 times
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Retail Individual Investors (RIIs): 3.55 times
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Employee category: 7.62 times
“This is a landmark moment for both the company and the Indian IPO market,” said a senior analyst at a top brokerage firm. “The overwhelming demand highlights investor confidence in LG India’s business model and the broader consumer electronics sector.”
About LG Electronics India
LG Electronics India Ltd, established in 1997 as the Indian arm of the South Korean electronics giant, has grown into a key player in home appliances and consumer electronics. Its product portfolio spans televisions, refrigerators, washing machines, air conditioners, microwave ovens, and computer monitors.
With two manufacturing units, two central distribution centres, 23 regional distribution hubs, and 51 branch offices, LG India reported a revenue of ₹21,352 crore in FY 2024 — a 7–8% year-on-year increase. Net profit rose to ₹1,511 crore, up 12% from the previous year, reflecting strong operational performance.
The IPO represents a full stake sale by the parent company, meaning LG India will not receive any proceeds. Instead, all sale proceeds will flow to the promoter after deducting transaction-related costs and applicable taxes.
How to Check IPO Allotment Status
Investors can verify their LG Electronics IPO allotment via multiple platforms:
1. NSE:
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Visit NSE IPO allotment page
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Select ‘Equity & SME IPO bids’
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Choose ‘LG Electronics Limited’
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Enter PAN and Application Number
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Click ‘Submit’ to view status
2. BSE:
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Visit BSE IPO status page
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Select ‘Equity’ under Issue Type
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Choose ‘LG Electronics India Limited’ from the Issue Name dropdown
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Enter Application Number or PAN
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Verify captcha and click ‘Search’
3. KFin Technologies (Registrar):
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Select ‘LG Electronics Limited’
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Enter either Application Number, Demat Account, or PAN
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Complete captcha and submit
Grey Market Premium Signals Healthy Listing
Market observers are closely watching the grey market premium (GMP), an unofficial gauge of listing sentiment. As of October 10, LG Electronics’ IPO GMP has surged to ₹383 per share. At the upper end of the price band (₹1,140), this implies a potential listing price around ₹1,523, signaling a 33% premium and promising robust listing gains for investors lucky enough to secure allotments.
“GMP trends should be viewed cautiously, but this level reflects strong market confidence and the expectation of a positive listing debut,” said a market strategist.
IPO in Context
This IPO marks the second South Korean company to enter the Indian stock market after Hyundai’s listing last year. Its record-breaking subscription also surpasses previous benchmarks, including Bajaj Housing Finance’s ₹6,560 crore IPO, which attracted bids worth ₹3.24 trillion in 2024.
Looking Ahead
The official listing of LG Electronics shares is scheduled for October 14, 2025, on both NSE and BSE. Analysts expect active trading on debut, driven by retail excitement and institutional participation. While the subscription data and GMP indicate a strong initial surge, investors are advised to consider market volatility and the fact that GMP is not regulated.
With its proven track record in the Indian market, LG Electronics India is set to make a historic debut, reflecting the growing appetite for consumer electronics stocks in India. The market will now watch closely as the allotment results are finalized and shares prepare to hit Dalal Street next week.