The initial public offering (IPO) of LG Electronics India opened for subscription today and will remain available until October 9, 2025. Following Hyundai India’s debut, LG Electronics will become the second South Korean company to list on Indian stock exchanges. The company, a major player in India’s consumer electronics and home appliances sector, has set the IPO price band at ₹1,080 to ₹1,140 per share and plans to raise ₹11,607.01 crore through a complete offer for sale (OFS). The shares will be listed on both the BSE and NSE.
In the grey market, LG Electronics shares are currently trading at a premium of ₹318, up ₹68 from the previous GMP of ₹250. Market analysts believe the improved sentiment in the secondary market is driving the higher premium.
Anshul Jain of Lakshmishree Investment has given the IPO a ‘subscribe’ rating, highlighting LG’s leadership in key product categories, strong revenue (₹21,352 crore in FY24), high profitability, and debt-free financial structure. Investors with medium to long-term goals may consider this offering.
The IPO comprises 13 shares per lot. Allotment is expected on October 10, 2025, and listing on October 14. KFin Technologies is the registrar, with lead managers including Morgan Stanley, J.P. Morgan, Axis Capital, BofA Securities, and Citigroup.
