Home / Business and Economy / LG Electronics IPO Shatters Records, Draws Bids Worth Over Rs 4.39 Lakh Crore
LG Electronics IPO Shatters Records, Draws Bids Worth Over Rs 4.39 Lakh Crore
10 Oct
Summary
- LG Electronics IPO saw record subscriptions, drawing bids worth over Rs 4.39 lakh crore
- Shares commanded a grey market premium of Rs 355-360
- Listing expected on October 14, 2025
On October 10, 2025, the share allotment for LG Electronics' Rs 11,607 crore initial public offering (IPO) is expected to be finalized. The IPO, which closed on October 9, 2025, has shattered all previous records, drawing bids worth a staggering Rs 4.39 lakh crore. This overwhelming response surpassed the previous benchmark of Rs 3.2 lakh crore worth of bids received by Bajaj Housing Finance in 2024, setting a new high in India's IPO market.
The LG Electronics 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. The employee category saw a subscription of just over 7.6 times, while retail investors subscribed 3.54 times their portion.
Shares of LG Electronics IPO were commanding a grey market premium of Rs 355-360 prior to the allotment. With the price band of Rs 1,140, the estimated listing price is around Rs 1,500, indicating a potential gain of 32% for investors. The stock is expected to be listed on the exchanges on October 14, 2025.
