LG Electronics India IPO has set a remarkable record, becoming one of the largest subscription events in India’s IPO history for 2025. The company raised Rs 11,607 crore through an offer-for-sale of 10.18 crore shares, with the issue opening on October 7 and closing on October 9. The IPO garnered an overwhelming response from investors, reflecting strong confidence in the well-known brand and its growth prospects.
Record-Breaking Subscription Details
The LG Electronics IPO received an extraordinary subscription of nearly 50 times the shares offered by the end of the bidding window on October 9, 2025, attracting bids worth Rs 4.4 trillion. According to National Stock Exchange (NSE) data:
- Total subscription rate: 49.46 times
- Qualified Institutional Buyers (QIB) subscription: 150.99 times
- Non-Institutional Investors (NII): 22.18 times
- Retail Individual Investors (RII): 3.4 times
- Employees: 7.16 times
The IPO had strong institutional demand, with QIBs leading the charge, followed by high participation from wealthy non-institutional investors, sizeable retail individual investor engagement, and employees exercising their quota as well.
On the final day itself, the IPO saw 13 times subscription, with QIB portion subscribed 27.07 times, NII portion 18.08 times, and retail investors bidding 2.89 times for their allocated shares.
The IPO price band was set between Rs 1,080 and ₹1,140 per equity share, valuing LG Electronics India at about Rs 77,000 crore at the upper price band. The minimum application lot was fixed at 13 shares, costing a minimum retail investment of approximately Rs 14,820 at the upper price. The allotment of shares is expected to be finalised by October 10, and the shares listed on the NSE and BSE by October 14.
LG Electronics IPO GMP
The grey market premium (GMP) indicate a listing-day premium of around 26-29%, signalling strong secondary market optimism.
LG Electronics India Ltd – Company Profile
LG Electronics India Ltd is a wholly owned subsidiary of LG Electronics Inc., South Korea, a global leader in consumer electronics and home appliances. Established in India since 1997, LG has built a dominant presence with over 35,600 business-to-consumer touchpoints and a vast network of 1,600 service centers across the country.
The company operates primarily through two business segments:
- Home Appliances and Air Solutions, which includes refrigerators, washing machines, air conditioners, and microwaves, contributing about 75% of total revenue.
- Home Entertainment, selling televisions and audio devices.
LG Electronics India also offers repair, installation, and maintenance services, enhancing customer loyalty. The company has two manufacturing units in Noida and Pune with plans underway for a third unit in Andhra Pradesh involving an investment of Rs 5,000 crore to strengthen its production capacity.
Financially, LG Electronics India demonstrated robust profitability in fiscal year 2025, with a return on equity (ROE) of 37% and return on capital employed (ROCE) of 43%, alongside healthy profit margins of about 13%. This strong financial position, combined with leadership in offline market share and continuous product innovation, positions it well for sustainable growth in the fast-expanding Indian consumer durables market.