LG Electronics India IPO Fully Subscribed on Day 1 Amid Strong Investor Demand

LG Electronics India’s initial public offering (IPO), valued at ₹11,607 crore, has been fully subscribed on its first day of bidding, reflecting robust investor interest. The IPO, which opened on October 7, 2025, and is set to close on October 9, 2025, has attracted significant participation from various investor categories.

IPO Structure and Subscription Details

The IPO is structured as an Offer for Sale (OFS), with LG Electronics Inc., the South Korean parent company, offloading approximately 15% of its stake in the Indian subsidiary. The price band for the issue is set between ₹1,080 and ₹1,140 per share. Retail investors can apply for a minimum of 13 shares, translating to an investment of about ₹14,820 at the upper price band.

Investor Participation

On the first day, the IPO saw substantial interest across different investor categories. Non-institutional investors subscribed to 2.3 times their allotted shares, while retail investors and institutional buyers subscribed to 81% and 49% of their respective quotas by the end of the day. This strong demand indicates investor confidence in LG Electronics India’s market position and growth prospects. Reuters

Market Context and Outlook

The Indian consumer electronics market is experiencing significant growth, driven by rising disposable incomes and increasing demand for home appliances. LG Electronics India, with its extensive product portfolio and established brand presence, is well-positioned to capitalize on these trends. The IPO’s success underscores the market’s positive outlook and investor enthusiasm for quality consumer-facing businesses.

Conclusion

LG Electronics India’s IPO has garnered strong investor interest on its opening day, reflecting confidence in the company’s growth trajectory and the broader consumer electronics sector. As the subscription period continues, market participants will be closely monitoring the final subscription figures and the company’s performance post-listing.