LG Electronics IPO Opens Today: GMP, Subscription and Review

LG Electronics IPO Debuts on Indian Market: LG Electronics India’s much-awaited IPO (Initial Public Offering) opened for subscription today, marking a significant milestone as the second South Korean giant after Hyundai India to tap the Indian primary market for shareholding. The IPO will remain open until October 9, 2025, offering investors a portion of India’s top home appliances and consumer electronics player.

The LG Electronics IPO has fixed its price at Rs 1,080 to Rs 1,140 per equity share and is looking to raise its price to Rs 11,607.01 crore entirely through an OFS (Offer For Sale). The issue will be listed on both the BSE and NSE, with allotment expected on October 10 and listing likely on October 14.

LG Electronics IPO GMP (Grey Market Premium) Rises Today

Market chatter surrounding LG Electronics' IPO has intensified. Observers say the shares of the LG Electronics IPO GMP are currently trading at a premium of Rs 318 in the grey market, up Rs 68 from Monday’s (October 6) Rs 250 level. Market experts suggested that the trend reversal in the Indian stock market could be a possible reason for the rise in grey market sentiment regarding the LG Electronics IPO.

LG Electronics IPO Day 1 Subscription Status

As of 10:15 AM on the opening day, the IPO had been subscribed 0.06 times overall. The retail category was booked 0.06 times, NIIs (Non-Institutional Investors) had been filled at 0.12 times and the QIBs (Qualified Institutional Buyers) portion of the book build issue had yet to submit bids (had been subscribed to 0.00 times).

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LG Electronics IPO Review

Analysts across major brokerages are bullish on LG Electronics India Limited and issue a strong "subscribe" recommendation.

Anshul Jain, Head of Research at Lakshmishree Investment, remarked on the company’s authority in the Indian market, stating, “LG Electronics India is one of the leading companies & holds the no. 1 market share in home appliances and consumer electronics categories. The company is backed by impressive revenue growth of Rs 21,352 crore in FY2024 & high profitability potential with zero debt. We recommend that investors seeking exposure to a market-dominant, financially sound company that is well-positioned for higher long-term growth in India’s consumption story consider SUBSCRIBING for a medium-to-long-term perspective".

BP Equities echoed similar optimism, noting the company’s superior profitability & consistent returns compared to peers. It said, “With strong operational measures, a diverse product portfolio and a focus on both B2C and B2B, LGEIL is prepared to strengthen its market leadership. At the upper band of Rs 1,140, the P/E works out to 35.1x FY25 earnings. We recommend subscribing for long-term value creation.”

Other brokerages joining the subscription chorus of the LG Electronics IPO include Adroit Financial Services, Aditya Birla Money, Canara Bank Securities, Centrum Wealth Management, Choice Broking, Dolat Analysis & Research, GEPL Capital, ICICI Direct, SBI Capital Securities, SMIFS and Ventura Securities.

LG Electronics IPO Key Details

One of the leading players in India's home appliances and consumer electronics companies, LG Electronics, aims to raise Rs 11,607.01 crore from its public issue, which is entirely OFS. A bidder can apply in lots and one lot of the book-build issue comprises 13 company shares.

The LG Electronics IPO is expected to be allocated on October 10, 2025, and is likely to start trading on October 14, 2025. K Fin Technologies Ltd will serve as the official registrar for the IPO. The central banks managing the issue are Morgan Stanley India, J.P. Morgan India, Axis Capital, B of A Securities and Citigroup Global Markets India.

The IPO's market capitalization is Rs 77,380.05 crore. As of March 31, 2025, the company had a profit (PAT) margin of 8.95% & an EBITDA margin of about 12.75%. The price-to-book value is slightly above 13. The company has seen growth in both its revenue and profits over the past three financial years.

The company has delivered stable revenue & profit growth over the last three financial years, reinforcing investor confidence. With the listing just days away, all eyes are now on how India’s equity markets respond to one of the biggest consumer electronics IPOs of 2025.

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