The initial public offering (IPO) of LG Electronics India Ltd, the Indian arm of South Korea’s LG, was fully subscribed on the first day of bidding on Tuesday, October 7. The issue received bids for 7,44,73,685 shares against 7,13,34,320 shares on offer, reflecting a subscription rate of 1.04 times, according to NSE data.
The three-day IPO, which opened on October 7, will close on October 9. The ₹11,607 crore issue has attracted strong investor participation, marking the second South Korean company to list in India after Hyundai Motors India’s debut in October last year.
Investor response was mixed across categories. The non-institutional investors’ portion was subscribed 2.31 times, while the retail individual investor (RII) segment saw 81% subscription. The qualified institutional buyers’ (QIBs) quota reached 49% on the first day of bidding.
The company raised ₹3,475 crore from anchor investors on Monday, a day before the issue opened to the public. The IPO is priced in the range of ₹1,080–₹1,140 per share, valuing LG Electronics India at around ₹77,400 crore at the upper end of the price band.
The IPO is an offer for sale (OFS) of 10.18 crore shares, representing about 15% of the post-offer equity. Since it is entirely an OFS, the proceeds will go to the South Korean parent company, and LG Electronics India will not receive any funds from the issue.
As per the allocation structure, 50% of the issue is reserved for qualified institutional buyers, 35% for retail investors, and the remaining 15% for non-institutional investors. The company is expected to list its shares on the BSE and NSE on October 14, 2025.
LG Electronics India is a leading manufacturer of home appliances and consumer electronics, catering to both B2C and B2B customers in India and overseas. The company’s portfolio includes washing machines, refrigerators, LED televisions, inverter air conditioners, and microwaves.
It also provides installation, repair, and maintenance services for all its products. The company operates two key manufacturing facilities, one in Noida, Uttar Pradesh, and another in Pune, Maharashtra. These plants support domestic production and local supply chain integration.
Read More: LG Electronics IPO - Check Issue Date, Price, Lot Size
The strong Day 1 response to LG Electronics India’s ₹11,607 crore IPO signals investor confidence in the company’s established market position and brand strength. With the issue closing on October 9 and listing set for October 14, all eyes will be on the final subscription numbers and market debut. The listing also highlights India’s growing appeal as a preferred destination for global consumer electronics giants.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Oct 7, 2025, 6:47 PM IST
Akshay Shivalkar
Akshay Shivalkar is a financial content specialist who strategises and creates SEO-optimised content on the stock market, mutual funds, and other investment products. With experience in fintech and mutual funds, he simplifies complex financial concepts to help investors make informed decisions through his writing.
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