LG Electronics IPO Day 3: GMP, Subscription Status, Expert Review, and Allotment Date – Should You Apply?
LG Electronics IPO Day 3: GMP at ₹298; subscription 4.74x so far. Analysts recommend ‘Subscribe’. Check IPO details, allotment, and listing dates here.
LG Electronics IPO sees strong investor demand on Day 3 with 4.74x subscription; GMP steady at ₹298 ahead of allotment.
The LG Electronics India Limited IPO is in its final day of bidding today, October 9, after opening on October 7, 2025. The highly anticipated issue from one of India’s top home appliance and consumer electronics giants has drawn strong investor interest across all categories.
The company aims to raise ₹11,607.01 crore through a complete Offer for Sale (OFS), with a price band set at ₹1,080–₹1,140 per share. Post-allotment, LG Electronics shares will be listed on both NSE and BSE.
🔹 LG Electronics IPO GMP Today
According to market observers, the LG Electronics IPO Grey Market Premium (GMP) stands at ₹298, down slightly from ₹312 the previous day — a minor dip attributed to profit booking in secondary markets. Despite the drop, analysts note that the IPO continues to show strong grey market demand, suggesting healthy listing gains for investors.
🔹 LG Electronics IPO Subscription Status (Day 3, 11:18 AM)
As of Thursday morning, the IPO has seen robust participation:
- Overall Subscription: 4.74 times
- Retail Investors: 2.43 times
- Non-Institutional Investors (NII): 12.88 times
- Qualified Institutional Buyers (QIB): 2.68 times
🔹 Expert Review: Should You Subscribe?
Sharekhan Review:
Brokerage house Sharekhan has given the IPO a ‘Subscribe’ rating, highlighting LG Electronics’ dominant position in India’s consumer electronics market, its strong parent support from LG Electronics Inc., an extensive distribution network, and a solid financial foundation.
“The company’s fundamentals and brand strength make the issue fairly valued at 35x FY25 EPS,” Sharekhan stated.
Ventura Securities Review:
Ventura Securities also recommended investors to apply, despite it being an OFS issue, citing consistent revenue growth and a stable financial position.
“LG Electronics India reported FY25 revenue growth of 14.1% to ₹24,367 crore, with EBITDA and net profit at ₹3,110 crore and ₹2,203 crore respectively. Margins remain healthy at 12.8% and 9.0%,” the firm said.
However, Ventura cautioned that margin pressures could persist due to competition and reliance on imported components.
Other brokerages including Anand Rathi, Canara Bank Securities, Arihant Capital, BP Equities, and Aditya Birla Money have also issued a ‘Subscribe’ call, reflecting broad positive sentiment across the market.
🔹 IPO Allotment and Listing Details
- Allotment Date: Likely on October 10, 2025
- Listing Date: Tentatively October 14, 2025
- Registrar: KFin Technologies Ltd
- Lead Managers: Morgan Stanley India, J.P. Morgan India, Axis Capital, BofA Securities, and Citigroup Global Markets India
The IPO implies a market capitalization of ₹77,380.05 crore. As of March 31, 2025, LG Electronics India reported a PAT margin of 8.95%, an EBITDA margin of 12.75%, and a price-to-book value above 13 — all indicators of a strong financial track record.
🔹 Verdict
With a solid brand reputation, strong financials, and a positive outlook from analysts, the LG Electronics IPO appears to be a fundamentally strong bet for investors looking for long-term stability.
