LG Electronics India Ltd. (LGEIL) is all set to enter the stock market with a massive Rs. 11,607.01 crore IPO, entirely structured as an offer for sale (OFS) of 10.18 crore shares.
The LG Electronics IPO opens for subscription on October 7th and will close on October 9th. The allotment is expected to be finalised on October 10th, with a tentative listing date set for October 14th on both BSE and NSE.LG Electronics IPO Price Band and GMP
The IPO price band is fixed at Rs. 1,080 to Rs. 1,140 per share. As of October 1, 2025, the last grey market premium (GMP) was reported at Rs. 141, suggesting an estimated listing price of Rs. 1,281 adding GMP. Investors can potentially expect a listing gain of around 12.37% per share, making this one of the most anticipated IPOs in the consumer electronics and home appliances sector this year.
Application Lot Size and Investment Details
The lot size for retail investors is set at 13 shares, requiring a minimum investment of Rs.14,820 at the upper price band. For qualified institutional buyers (QIBs), the lot size is 68 lots (884 shares), amounting to ₹10,07,760, while for non-institutional investors (NII), it is 14 lots (182 shares), totalling ₹2,07,480.
Lead Managers and Registrar
Morgan Stanley India Co. Pvt. Ltd. is the book-running lead manager for the IPO, while Kfin Technologies Ltd. is handling the registrar responsibilities. The IPO has attracted a lot of market attention due to LGEIL’s strong operational footprint and extensive sales network.
Market Presence and Production Capacity
Axis Capital, in its IPO note, said, “LGEIL’s expansive sales network comprises 35,640 B2C touchpoints, including LG Brand Shops, modern trade stores like Reliance Retail, Croma, and Vijay Sales, online platforms, traditional stores, distributors, and sub-dealers.”
Analyst Outlook
While brokers have not yet rated the LG Electronics IPO, the company’s strong fundamentals and healthy manufacturing capacity could make it a favourable listing, particularly if grey market trends and market sentiment remain positive.
About LG Electronics India Ltd.
LG Electronics India Ltd. (LGEIL) is a subsidiary of LG Electronics Inc., South Korea, one of the world’s leading home appliance and consumer electronics companies. LGEIL manufactures and markets a wide range of products, including refrigerators, washing machines, air conditioners, kitchen appliances, televisions, and audio products. The company operates under a multi-channel distribution model, spanning offline and online retail, modern trade, and dedicated LG brand stores.