LIVE: LG Electronics IPO allotment out soon, GMP surges 35% — Step by step guide to check status online

As of October 10, 2025, 4:54 PM, the Grey Market Premium for LG Electronics IPO stands at Rs. 421. With a price band of Rs. 1,140, the estimated listing price is around Rs. 1,561.

LG Electronics, a leading player in India’s consumer durables market, is launching its IPO through an offer for sale (OFS) of Rs 11,600 crore. The issue represents a 15% stake divestment by the parent promoter, with a price band set at Rs 1,080-1,140 per share. The bidding period for the IPO is scheduled to run from 7 October to 9 October 2025. At the upper price band, the market capitalisation stands at Rs 77,400 crore.

Once the allotment is finalised, investors can check their status online through the BSE or NSE websites, or via the registrar KFin Technologies portal. To access the details, applicants simply need to enter their PAN or IPO application number.

LG Electronics enjoys industry-leading margin despite spending significantly on R&D and ad spends due to higher premium contribution, technological backing by the parent, diversified product portfolio and growing localization. LG Electronics has also committed continuous capex over the next 4-5 years, to its new manufacturing facility that would also become an export hub for global sales.

The company’s vision is to make LG products a part of every Indian household. It plans to expand into new product categories, having successfully entered the water purifier segment in 2013 with innovations that improved water taste and health benefits. Going forward, the company aims to enter emerging segments such as built-in kitchens.

Investors can verify their allotment status online once it is finalised. The status can be checked through the BSE or NSE websites or via the registrar KFin Technologies portal. Applicants will need to use their PAN number or IPO application number to access their allotment details.

The Indian Electronics and Appliances market has posted a CAGR of 7% in the past five years to Rs 6.4 lakh crore as of CY24. Growth was impacted by subdued consumer demand since COVID. However, this is now expected to accelerate at an 11% CAGR in the next five years to reach Rs 11 lakh crore by CY29. Excluding mobile phones, the industry has posted a 12% CAGR in the past five years and should post a 14% CAGR in the next five years.

Institutional investors dominated the issue. According to the data, the Qualified Institutional Buyers (QIBs) portion was subscribed 166.5 times, the Non-Institutional Investors (NIIs) segment 22.4 times, and the Retail Individual Investors (RIIs) category 3.55 times.

The Indian Consumer Durables industry, excluding mobile phones, was valued at Rs 3.2 lakh crore as of CY24 and is likely to reach Rs 6.2 lakh crore by CY29 at a 14% CAGR. This would be led by RAC, refrigerators, televisions, and computers, all growing at double-digit CAGR led by tax cuts, growing disposable incomes, premiumization trend and rising working population.

LG Electronics has 2 manufacturing units in India: (i) Noida Manufacturing Unit; and (ii) Pune Manufacturing Unit. The Noida unit commenced commercial operations in 1997. LG Electronics operated 10 production lines as of June 2025. Products manufactured at this unit included refrigerators, washing machines, room air conditioners, microwave ovens, compressors, water purifiers, and ceiling fans. The Pune unit commenced commercial operations in 2004. The company operated 9 production lines as of June 2025.

LG Electronics, a leading player in India’s consumer durables market, is launching its IPO through an offer for sale (OFS) of Rs 11,600 crore. The issue represents a 15% stake divestment by the parent promoter, with a price band set at Rs 1,080-1,140 per share. The bidding period for the IPO is scheduled to run from 7 October to 9 October 2025. At the upper price band, the market capitalisation stands at Rs 77,400 crore.

As per the latest update, LG Electronics India shares are trading at a grey market premium (GMP) of Rs 395. This is about 35% higher than the IPO’s upper price band of Rs 1,140 per share.

However, investors should note that the GMP is not an official indicator of the listing price and can fluctuate based on market sentiment and demand trends.

LG Electronics India was incorporated in 1997 in India. As of the RHP date, LG Electronics, the Promoter, owns 100% of the company’s equity share capital. LG Electronics is a pioneer of innovative technology globally. It is also a manufacturer of high-technology components for industrial consumers. LG Electronics India, a wholly owned subsidiary of LG Electronics Inc., Korea, the leading global home appliances brand by revenue in CY2024.

“On the valuation front, based on annualized FY26 earnings, LG Electronics is seeking a P/E of 37.6 times, and a post-issue market capitalization of approximately Rs 77,380.1 crore, making the issue appears to be reasonably priced. Looking at strong legacy brand recognition with market leadership across multiple consumer durables products along with in- house production capacity among the peers in India making it giant in industry. Hence, we assign ‘Subscribe’ rating for the issue,” said Anand Rathi Research in an IPO note.

The share allotment for the LG Electronics India IPO is being finalised today, October 10, marking the final stage of the company’s much-awaited public issue. Investors who participated in the IPO will soon know whether they have received shares or not, as allotment details become available on official platforms.

According to the timeline, shares will be credited to investor demat accounts by October 13, while refunds for those who did not receive allotments will also be processed around the same time.

LG Electronics has maintained its leader position in the Indian home appliances and consumer electronics market for the six months ended June 2025, as well as for CY24, CY23, and CY22, based on offline channel market share by value. It leads multiple key product categories, including washing machines, refrigerators, panel TVs, inverter air conditioners, and microwaves, for both the 12 months ending December 2024, and the six months ended June 2025.

– Via Registrar (KFin Technologies)

Go to the KFin Technologies IPO allotment portal.

Click on IPO Allotment under the investor services section.

Select ‘LG Electronics’ from the list of IPOs.

Enter your PAN and application number.

Complete the captcha and click Submit.

Your allotment details will be displayed on the screen.

– Via NSE Website

Visit the NSE IPO allotment status page.

Select ‘Equity’ as the issue type.

Choose ‘LG Electronics’ from the dropdown menu.

Enter your application number or PAN.

Complete the captcha verification.

Click Search to view your allotment status.

– via BSE

Visit the BSE IPO allotment status page.

Select ‘Equity’ as the issue type.

From the dropdown menu, choose ‘LG Electronics’.

Enter your application number or PAN.

Complete the captcha by ticking “I’m not a robot”.

Click Search to view your allotment status.

As per the latest reports, the grey market premium (GMP) for LG Electronics IPO is around Rs 380 above the upper price band of Rs 1,140. This suggests a possible listing price near Rs 1,520 per share, indicating potential listing gains of around 32%.

However, investors should note that GMP figures are unofficial and subject to market sentiment, which may not always reflect actual listing-day performance.

The LG Electronics IPO subscribed 54.02 times. The retail category saw subscription of 3.55x while QIBs was subscribed 166.51 times and the NII category was subscribed 22.44 times.

LG Electronics India raised Rs 11,607 crore through the IPO, which was entirely an Offer for Sale (OFS) of 10.18 crore shares. The price band was set between Rs 1,080 and Rs 1,140 per share, and the minimum lot size for retail investors was 13 shares.

LG Electronics India, a subsidiary of South Korea’s LG Corporation, operates in the consumer electronics and home appliances segment. The company has a strong product portfolio across categories such as televisions, refrigerators, washing machines, and air conditioners.

Investors can verify their allotment status through multiple platforms:

Registrar’s website: KFin Technologies

Stock exchanges: NSE and BSE

You can check your status using your PAN number, application number, or DP ID/client ID.

The shares of LG Electronics are likely to list on the NSE and BSE on October 14. Trading is expected to begin once shares are credited to eligible investors.

The share allotment for the LG Electronics IPO will be finalised on today, October 10,. Investors who applied for the issue will be able to check their allotment status once the process is completed.

The IPO closed on October 9, 2025, after receiving a strong response from investors across categories. The issue was subscribed 54.13 times in total.

QIBs: 166.51 times

NIIs: 22.44 times

Retail investors: 3.44 times