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LG Electronics India IPO: The initial public offering (IPO) of LG Electronics India Ltd concluded its second day of public bidding today, October 8, with the issue subscribed 3.32 times at the end of the session, as per provisional exchange data. The Indian subsidiary aims to raise Rs 1,1607 crore from the public offering.

The basis of allotment of the IPO shares is expected to be finalised on October 10, 2025.

Overall, investors bid for 23.70 crore shares against the total shares on offer, with Non-Institutional Investors (NIIs) and Retail Individual Investors (RIIs) subscribing 7.60 times and 1.90 times, respectively.

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In terms of shares, NIIs bid for 11.58 crore shares, and RIIs bid for 6.76 crore shares out of their respective allotted portion.

The Qualified Institutional Buyers (QIBs) portion saw subscription of 2.59 times, translating to 5.26 crore shares bid against the 2.03 crore shares allotted.

: LG Electronics India IPO: Why Korean giant opted for modest pricing – Here’s what management told Anil Singhvi

The IPO of LG Electronics India is a book-built issue of Rs 1,1607 crore, comprising an entirely offer for sale (OFS) of 10.18 crore shares, representing around 15 per cent stake of the company.

The issue has 2.03 crore shares reserved for the QIBs quota, 1.52 crore shares allotted for the NIIs category and 3.55 crore shares reserved for the RIIs portion.

As the parent company is offloading its stake, the IPO proceeds will not go to the Indian subsidiary but will be received by the South Korea-based parent, LG Electronics Inc.

Price band: Rs 1,080 to Rs 1,140 per equity share

Subscription date: October 7 to October 9, 2025

Lot size: 13 shares, with a minimum application amount of Rs 14,820 based on the upper end of the price band

Allotment date: October 10, 2025

Listing date: October 14, 2025 (Tentative)

LG Electronics India is a subsidiary company of the South Korea-based electronics giant LG Electronics. The company is engaged in manufacturing and selling appliances and consumer electronics in India.

After the IPO listing, LG Electronics will become the second South Korean firm to register its presence in the Indian capital markets, following Hyundai Motors India’s IPO last year.

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Currently working as a trainee Sub-Editor at Zee Business, Shristi Rani is passionate about storytelling and delivering content that engages diverse audiences across digital platforms.

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