The Initial Public Offering (IPO) of LG Electronics India Ltd opened on October 7, 2025, and will remain open for bidding till October 9, 2025, offering investors just one day more to apply. The IPO is purely an Offer for Sale (OFS), with a price band of ₹1,080–₹1,140 per equity share. The company aims to raise ₹11,607.01 crore, and the shares are set to be listed on both the NSE and BSE.
Currently, the Grey Market Premium (GMP) stands at ₹298—₹14 lower than the previous day. Analysts attribute this slight dip to profit booking in the secondary market but maintain that the IPO still offers strong potential returns.
Brokerages like Sharekhan and Ventura Securities have rated the IPO as ‘Subscribe,’ citing LG’s strong brand presence, parent company backing, large distribution network, and consistent financial performance. LG India posted a 14.1% YoY revenue growth in FY25, reaching ₹24,367 crore, with EBITDA and net profit at ₹3,110 crore and ₹2,203 crore, respectively.
Each IPO lot consists of 13 shares. The probable allotment date is October 10, 2025, and the listing date is expected on October 14, 2025. KFin Technologies is the registrar, with top global banks managing the issue.
