LG Electronics India Ltd is set for a highly anticipated stock market debut on October 14, 2025, following a strong subscription for its IPO held from October 7 to October 9. The IPO, valued at Rs 11,607 crore, was oversubscribed 54 times overall, demonstrating strong investor interest across retail, institutional, and non-institutional categories.
IPO Details
Price Band: Rs 1,080 to Rs 1,140 per share
Lot Size: 13 shares
Total Shares Offered: Approximately 10.18 crore shares in an Offer for Sale by the parent company LG Electronics Inc.
Subscription Multiples: 3.55 times (Retail), 22.44 times (Non-Institutional Investors), 166.51 times (Qualified Institutional Buyers)
Dates:
IPO Open: October 7, 2025
IPO Close: October 9, 2025
Share Allotment: October 10, 2025
Refund Initiation and Share Credit: October 13, 2025
Listing Date: October 14, 2025 on BSE and NSE
Market Sentiment and Expected Listing Gains
The Grey Market Premium (GMP) for LG Electronics shares stands at around Rs 370, suggesting an expected listing price near Rs 1,510 per share. This indicates potential listing gains of about 32% above the upper price band of Rs 1,140. Earlier, the GMP peaked close to Rs 400, indicating even higher expected gains of around 35%.
Business and Financial Highlights
LG Electronics India operates manufacturing plants in Pune and Noida and has a significant market presence in consumer durables. For FY25, the company reported:
Revenue: Rs 24,631 crore (14% YoY growth)
Profit After Tax: Rs 2,203 crore (46% YoY growth)
EBITDA Margin: 12.8%
PAT Margin: 9%
Debt-Free Status
Return on Capital Employed (ROCE): 43%
Return on Equity (ROE): 37%
The company holds leading market shares in washing machines (33.5%), refrigerators (29.9%), air conditioners (20.6%), and microwaves (51.4%). Analysts view the IPO valuation, with a price-to-earnings multiple of 35.1x FY25 earnings, as fair compared to peers.
Conclusion
LG Electronics India's IPO has attracted massive investor interest across categories, reflected in the oversubscription rates and healthy grey market premium indicating strong listing gains. With solid financials and market leadership, the stock debut on October 14, 2025, is highly awaited by the market.
This comprehensive IPO and share price overview provide crucial insights for investors considering LG Electronics India Ltd on its public market entry.