LG Electronics Share Price, IPO Listing, GMP Live Updates: The countdown has begun for the much-awaited market debut of LG Electronics India. After a strong response from investors during the subscription window, the company is all set to make its stock market debut on October 14. With all these processes, all eyes will now be on how the stock performs on listing day.
Let’s take a look at key factors to watch out for ahead of the listing –
LG Electronics IPO: Listing and allotment timeline
The allotment of shares of the LG Electronics IPO was finalised on October 10.
Successful applicants are expected to receive shares in their demat accounts by October 13, a day before the stock lists on the BSE and NSE. The three-day offer opened on October 7 and closed on October 9.
LG Electronics IPO: Grey market premium
The GMP or the grey market premium for LG Electronics shares stood at Rs 370 ahead of listing. Based on the upper price band of Rs 1,140, this indicates a potential listing price of around Rs 1,510 per share, or a premium of over 32%.
LG Electronics IPO: Subscription numbers
The IPO attracted bids for 385 crore shares, against 7.13 crore shares on offer. This translates to a subscription of 54.02 times, one of the highest in the segment this year. The total bid amount stood at Rs 4.4 lakh crore.This is one of the largest in the history of IPOs in India.
LG Electronics IPO: Structure and price band
The public issue was a pure offer for sale of over 10.18 crore shares, with the South Korean parent LG Electronics Inc. offloading its stake. The price band was fixed between Rs 1,080-1,140 per share.
Out of the total shares offered, around 2.03 crore were reserved for qualified institutional buyers, 1.52 crore for non-institutional investors, and 3.55 crore for retail investors.
LG Electronics Share Price, IPO Listing LIVE: Check here Live Coverage on LG Electronics IPO Listing, GMP, Share Price, Price Band, Review
LG Electronics Share Price, IPO Listing, GMP Live: Stock market debut
The company is set to make its stock market debut on October 14, on both BSE and NSE. Investors and market watchers are closely following the company’s first public listing in India.
LG Electronics Share Price, IPO Listing, GMP Live: Financial performance
For FY25, LG India reported revenue of Rs 24,366 crore and profit of Rs 2,203 crore. The company has strong financial ratios, including high return on equity (ROE) and return on capital employed (ROCE), and maintains a near-zero debt profile.
LG Electronics Share Price, IPO Listing, GMP Live: Major business
LG India’s major business covers Home Appliances & Air Solutions and Home Entertainment. It operates manufacturing plants in Pune and Noida with annual production capacity of 14.5 million units, sourcing 54% of materials locally, and serving over 35,000 retail outlets nationwide.
LG Electronics Share Price, IPO Listing, GMP Live: Important dates
LG Electronics India is set to make its stock market debut on October 14, on both BSE and NSE. Investors and market watchers are closely following the company’s first public listing in India.
LG Electronics Share Price, IPO Listing, GMP Live: IPO details
The Rs 11,607 crore IPO is a complete offer-for-sale (OFS) by the Korean parent, LG Electronics Inc. No fresh capital is being raised for LG India’s operations. The proceeds from the IPO go entirely to the selling shareholder.
LG Electronics Share Price, IPO Listing, GMP Live: Anchor investors
Before the IPO opened to the public, several large institutional investors, including international sovereign wealth funds and domestic mutual funds, invested Rs 3,475 crore as anchor investors.
LG Electronics Share Price, IPO Listing, GMP Live: Subscription trends
The LG Electronics IPO saw a strong investor response on the final day of bidding, with the issue subscribed 54.02 times overall as of October 9. The quota for qualified institutional buyers (QIBs) saw an overwhelming demand, getting booked 166.51 times, while the non-institutional investor (NII) category was subscribed 22.44 times. The retail investor portion also saw solid interest, being subscribed 3.55 times.
LG Electronics Share Price, IPO Listing, GMP Live: Financial performance
For FY25, LG India reported revenue of Rs 24,366 crore and profit of Rs 2,203 crore. The company has strong financial ratios, including high return on equity (ROE) and return on capital employed (ROCE), and maintains a near-zero debt profile.
LG Electronics Share Price, IPO Listing, GMP Live: Growth and expansion plans
LG is expanding into semi-urban and rural areas, increasing localization of production, and launching new energy-efficient and smart products. A new manufacturing plant in Andhra Pradesh is planned to support growth.
LG Electronics Share Price, IPO Listing, GMP Live: Business operations
LG India’s business covers Home Appliances & Air Solutions and Home Entertainment. It operates manufacturing plants in Pune and Noida with annual production capacity of 14.5 million units, sourcing 54% of materials locally, and serving over 35,000 retail outlets nationwide.
The LG IPO has been actively traded in the grey market, with the premium hovering between Rs 370-Rs 395 per share. This indicates a potential listing gain of roughly 32% above the upper price band, though actual listing gains may vary.
LG Electronics Share Price, IPO Listing, GMP Live: Anchor investor support
Before the IPO opened to the public, several large institutional investors, including international sovereign wealth funds and domestic mutual funds, invested Rs 3,475 crore as anchor investors.
LG Electronics Share Price, IPO Listing, GMP Live: Subscription figures
The IPO saw massive demand. Overall, it was subscribed 54 times, with Qualified Institutional Buyers (QIBs) applying 166.5 times, non-institutional investors 22.4 times, and retail participants 3.55 times.
LG Electronics Share Price, IPO Listing, GMP Live: IPO Structure
The Rs 11,607 crore IPO is a complete offer-for-sale (OFS) by the Korean parent, LG Electronics Inc. No fresh capital is being raised for LG India’s operations. The proceeds from the IPO go entirely to the selling shareholder.
LG Electronics Share Price, IPO Listing, GMP Live: Listing date
LG Electronics India is set to make its stock market debut on October 14, on both BSE and NSE. Investors and market watchers are closely following the company’s first public listing in India.
In the first week of October, the LG Electronics IPO made a quiet start in the grey market, with the GMP hovering around Rs 140–150 as investors began testing the waters. Interest quickly picked up, and by October 7, the unofficial premium had more than doubled, climbing to Rs 310–315.
The momentum continued, peaking between October 10-11, when the GMP touched Rs 395–421, hinting at a potential listing gain of 34%–36% over the upper price band of Rs 1,140.
However, as the debut approached, the premium moderated slightly, standing at Rs 370–390 on October 13, a day before listing, an expected gain of around 32%.
It is important to remember that these figures reflect speculative demand in the grey market and may differ from the actual listing price.
Read more: Will LG Electronics IPO list with a hefty premium on Oct 14: Here’s what the GMP indicate
LG Electronics Share Price, IPO Listing, GMP Live: Key players behind the issue
The IPO was managed by top global and domestic investment banks including Morgan Stanley India, J.P. Morgan India, Axis Capital, BofA Securities India and Citigroup Global Markets India. The registrar to the issue is Kfin Technologies.