LG Electronics IPO Day 2 Subscription: LG IPO Fully Subscribed; Know GMP, Allotment, Listing Date; BID Or NOT?

LG Electronics IPO Day 2: One of the biggest IPO of 2025, LG Electronics opened on BSE and NSE with a bang on October 7th. The Rs 11,607.01 crore public offer fully subscribed on Day 1 driven by strong buying from non-institutional and retail investors. The bidding window for LG Electronics IPO will enter its second day on October 8th. The current grey market premium (GMP) is signalling over 26% premium listing as of now. Post the IPO, LG will list on BSE and NSE.

LG Electronics IPO Subscription:

On Day 1, LG IPO received bids of 7,44,73,685 equity shares, fully subscribing by 1.04x compared to the offered shares of 7,13,34,320.

Among investors, the portion reserved for non-institutional investors (NIIs) oversubscribed by 2.31 times, while reserved portion for employees also fully subscribed by 1.89 times. The retail and qualified institutional buyers category subscribed 81% and 49% of the reserved size for them.

Stay tuned for further update on subscription...

LG Electronics IPO Details:

The LG IPO opened on October 7th and will close on October 9th. It is a 100% book building and purely offer for sale. The price band for the IPO are fixed at Rs 1080 per share and Rs 1140 per share. Bid lot size is of 13 Equity Shares and in multiples thereof.

LG Electronics IPO GMP:

LG Electronics IPO last GMP is Rs 298, last updated Oct 7th 2025 11:33 PM. With the price band of 1140.00, LG Electronics IPO's estimated listing price is Rs 1438 (cap price + October 7th GMP).The expected percentage gain/loss per share is 26.14%, as per Investor Grain.

Should You Subscribe LG Electronics IPO?

Analysts at GEPL in their IPO note said, "Based on the FY25 earnings, relative to the company's post-IPO paid up capital, the issue is priced at a P/E ratio of 25.07x. We believe that the issue is fairly valued compared to its peers, market leader across multiple product categories, strong parentage, and robust manufacturing capabilities with localized supply chain. Therefore, we recommend a "Subscribe" rating for the issue."

Further, Rajnath Yadav, Research Analyst at Choice said, "At the upper end of its price band, LG India is valued at a P/E of 38.0x (TTM EPS Rs. 30) and EV/Sales of 3.0x, trading at a discount to its industry peers. Given its market leadership, strong brand, robust growth prospects, and strategic expansion into high-potential B2B segments, the company is well-positioned to benefit from rising demand. Thus, we recommend a "SUBSCRIBE" rating.''

Also, recommending to Subscribe, analysts at Sharekhan aid, The company, along with market leadership, boasts strong parent backing (LG Electronics Inc), a large distribution network, a strong brand image, largest manufacturing facilities and healthy fundamental profile. Considering the company's diversified portfolio, largest distribution network, strong brand image and global parent support.

LG Electronics IPO Allotment Status Date:

The allotment status for LG Electronics IPO will be declared on October 10th. After this, the company will credit shares or initiate refund on 13th.

LG Electronics IPO Listing Date:

The tentative listing date is fixed on October 14.

About LG Electronics:

Incorporated in 1997, LG Electronics India (LGEDIA), is a wholly owned subsidiary of LG electronics Inc. which is a leading single-brand global home appliance player. LGEDIA is the market leader in India across multiple product categories including washing machines (33.5%), refrigerators (29.9%), panel televisions (27.5%), inverter air conditioners (20.6%), and convection microwaves (51.4%) as on H1CY25.

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