LG Electronics India’s initial public offering (IPO) is seeing a solid response in the market, reflecting investor interest in the company’s leadership in home appliances and consumer electronics. The IPO subscription trend indicates strong participation across institutional and retail segments, setting the stage for its upcoming stock market debut.
Market Performance: Subscription Update
On October 8, LG Electronics India IPO recorded 214% overall subscription on the second day of bidding, underlining robust investor appetite.
Key highlights from the subscription:
- Overall Subscription: 214%
- Non-Institutional Investors (NII): Reserved portion subscribed over 5 times
- Retail Individual Investors (RII): 158% subscription so far
- Qualified Institutional Buyers (QIB): 98% of their reserved portion subscribed
Investors are actively participating in this Rs 11,607-crore IPO, reflecting confidence in LG Electronics India’s market positioning and growth potential.
Main News: IPO Structure
LG Electronics India launched its IPO entirely through an offer for sale (OFS) by its Korean parent company, LG Electronics Inc. There is no fresh issue, meaning the proceeds will go to the selling shareholders.
IPO Pricing and Investment Details:
- Price Band: Rs 1,080 – 1,140 per share
- Minimum Bid: 13 shares, costing Rs 14,820 at the upper band
- Total IPO Size: Rs 11,607 crore
The IPO allotment is expected to be finalized by October 10, with the listing on stock exchanges scheduled for October 14.
Company Details: Business Overview
LG Electronics India is a market leader across multiple product categories in the Indian home appliances and consumer electronics sector. Key product areas include:
- Washing machines
- Refrigerators
- Panel televisions
- Inverter air conditioners
- Microwaves
The company has a strong offline channel presence, leading in value across its major categories.
Anchor Book Details:
Prior to public subscription, LG Electronics India raised Rs 3,474.9 crore from 149 anchor investors, including global financial institutions and sovereign wealth funds. This reflects strong institutional confidence in the company.
Summary: Key IPO Highlights
- IPO Type: Offer for Sale (OFS) by LG Electronics Inc.
- Price Band: Rs 1,080 – 1,140 per share
- IPO Size: Rs 11,607 crore
- Subscription Status (Day 2): 214% overall, NII 5x, RII 158%, QIB 98%
- Listing Date: October 14, 2025
- Anchor Investment: Rs 3,474.9 crore from 149 anchor investors
- Market Position: Leading in washing machines, refrigerators, TVs, ACs, microwaves in India
LG Electronics India’s IPO demonstrates strong market sentiment for consumer electronics and home appliances, backed by its robust distribution network and established brand presence.
