LG Electronics India IPO: Investor Interest Peaks Ahead of Market Debut

LG Electronics India’s ₹11,607 crore initial public offering (IPO) opened for subscription on October 7, 2025, attracting significant investor attention. The offer, entirely an offer-for-sale (OFS) by the parent company LG Electronics Inc., is priced between ₹1,080 and ₹1,140 per share. The IPO is scheduled to close on October 9, with the allotment date set for October 10 and a tentative listing date on October 14.

Strong Market Sentiment and Grey Market Premium

Investor enthusiasm is evident, with the grey market premium (GMP) for LG Electronics India shares reaching ₹322, indicating a potential listing price of ₹1,462 at the upper end of the price band. This represents an approximate 28% premium over the issue price, suggesting robust demand in the unofficial market.

Analyst Recommendations and Valuation

Brokerages have expressed positive outlooks on the IPO. SBI Securities has recommended a “Subscribe” rating, highlighting the company’s leadership in the consumer electronics sector, strong financials, and attractive valuation. At the upper price band of ₹1,140, the issue is valued at a price-to-earnings (P/E) multiple of 35.1x, which is considered reasonable compared to peers.

Key IPO Details

• Price Band: ₹1,080 – ₹1,140 per share
• Lot Size: 13 shares
• Minimum Investment: ₹14,820 at the upper price band
• Offer Type: Offer for Sale (OFS)
• Listing Date: October 14, 2025 (tentative)

Conclusion

The LG Electronics India IPO has garnered significant interest from investors, driven by the company’s strong market position, robust financials, and favorable valuation. With a healthy grey market premium and positive analyst recommendations, the IPO is poised for a strong debut, reflecting confidence in the consumer electronics sector’s growth prospects.