LG Electronics IPO subscription status
The Rs 11,607 crore IPO of LG Electronics India shattered all previous records, drawing bids worth Rs 4.39 lakh crore on the final day of subscription, October 9. The overwhelming response surpassed the Rs 3.2 lakh crore worth of bids received by Bajaj Housing Finance in 2024, setting a new benchmark in India’s IPO market.
The IPO was subscribed 54.02 times overall, with qualified institutional buyers (QIBs) leading the charge, bidding 166.51 times the shares reserved for them. Non-institutional investors (HNIs) also showed strong interest, subscribing 22.42 times their allotted quota by placing bids for 34 crore shares against 1.5 crore on offer. The employee category saw a subscription of just over 7.6 times, while retail investors subscribed 3.54 times their portion.
Here’s how you can check the status on Registrar’s website:
Step 1: Visit the IPO Allotment Status page on MUFG Intime India Private Limited website
Step 2: Select IPO from the dropdownStep 3: Put PAN/Application No. and enter ‘Submit’.
LG Electronics IPO GMP
Shares of LG Electronics IPO were commanding a grey market premium (GMP) of Rs 355-360. With the price band of 1140, the estimated listing price is around Rs 1,500. The expected percentage gain/loss per share is 32%.
LG Electronics IPO timeline
The initiation of refunds and credit of shares to the demat accounts will likely take place on Monday, October 13, 2025. The stock will be listed on Tuesday, October 14.
Financial Performance
In FY25, LG Electronics India reported a 14% year-on-year increase in revenue, reaching Rs 24,631 crore, while profit after tax surged 46% to Rs 2,203 crore. The company maintained a healthy EBITDA margin of 12.8% and a PAT margin of 9%, underscoring strong operational efficiency. Importantly, LG remains debt-free and posted an impressive Return on Capital Employed (ROCE) of 43% and Return on Equity (ROE) of 37%, reflecting its robust financial health.
Despite being a pure OFS, which means no fresh funds will flow into the company, the issue has drawn solid interest due to its dominant industry position, consistent growth, and compelling valuation. Analysts believe the IPO’s appeal lies in its mix of brand strength, profitability, and reasonable pricing amid a crowded IPO calendar.
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