LG Electronics India IPO Subscribed 1.05x on Day 1; NIIs Drive Initial Subscriptions

Noida, Oct 7, 2025 – LG Electronics India Limited’s IPO received a moderate start on Day 1, being subscribed 1.05 times. The demand was largely driven by the non-institutional and employee segments, reflecting healthy interest among high-value bidders and internal stakeholders.

LG Electronics India IPO Day 1 Subscription Status (as of 5:04 PM Oct 7, 2025)

LG Electronics’ IPO received a steady opening on Day 1, with total subscriptions covering 1.05 times the amount. The subscription was dominated by the non-institutional investor (NII) segment, subscribing 2.31 times. Out of it, bids of above ₹10 lakh were subscribed 2.05 times, whereas, smaller bids of below ₹10 lakh registered a healthier interest of 2.83 times.

Retail investors subscribed 0.82 times of their allotted portion, reflecting steady but moderate interest. The Qualified Institutional Buyers (QIB) portion accounted for a subscription of 0.49 times. The employee quota accounted for a subscription of 1.90 times.

All in all, bids for nearly 7.46 crore shares were received against issued shares of 7.13 crore, which converted into a total bid value of ₹8,502 crore. A total of 14.53 lakh applications were added up to October 7, 2025.

LG Electronics India IPO Anchor Allocation

Before the commencement of the IPO, LG Electronics India raised ₹3,474.95 crore during its anchor book on October 6, 2025, by allocating 3.04 crore shares at ₹1,140 per share, which is the higher end of the price band.

The anchor tranche saw participation from 150 marquee investors, including HDFC Mutual Fund, SBI Mutual Fund, ICICI Prudential, Mirae Asset, Aditya Birla Sun Life, Fidelity, BlackRock, T. Rowe Price, and the Government of Singapore. Domestic mutual funds cornered a pie of 48.9%, subscribing through 26 fund houses and 84 schemes.

LG Electronics India IPO Summary

The IPO of LG Electronics India will remain open between October 7 and October 9, 2025, with a price band of ₹1,080 to ₹1,140 per equity share. One lot consists of 13 shares, which will mean a cost of ₹14,820 per lot at the higher-priced band of issue. The issue is of a size of ₹11,607 crore, being a 100% offer-for-sale by LG Electronics Inc. of a total of 10.18 crore shares. The face value of each of these shares is ₹10, and their listing on exchanges is proposed for October 14, 2025, on both BSE and NSE.

LG Electronics India IPO Key Dates

LG Electronics India IPO saw anchor investors bidding on October 6, 2025, followed by the public issue that opened on October 7 and closed on October 9, 2025. The allotment is expected to be finalised on October 10, with refunds and share credits scheduled for October 13. The shares are set to be listed on the BSE and NSE on October 14, 2025. The IPO will close on Thursday, October 9, 2025, with listing slated for October 14, 2025.

LG Electronics India Ltd is a subsidiary of South Korea’s leading electronics major, LG Electronics Inc., and a leading player in India’s consumer electronics and home appliances industry. It was established in 1997.

The business runs its two major divisions, Home Appliances & Air Solutions, and Home Entertainment, with primary sites of production at Noida and Pune, and produces almost 98% of the total output. Its national reach spans 36,000 retail touch points, sub-dealers of 31,000, and 472 B2B partners, aided by a huge after-sales service network.

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