Will LG Electronics IPO List With a Hefty Premium on Oct 14? Here’s What the GMP Indicates

Mumbai, Oct 13, 2025: After weeks of anticipation, LG Electronics India’s IPO is all set to debut on October 14. Investors are closely watching one of the year’s biggest consumer electronics issues, following a record-breaking subscription and allotment finalised on October 10.

GMP Signals Strong Listing Gains

The Grey Market Premium (GMP) for LG Electronics IPO surged ahead of the listing. Initially hovering around ₹140-150 in early October, it jumped to ₹310-315 by October 7. Peaking between ₹395-421 on October 10-11, the GMP suggested potential listing gains of 34%-36% over the IPO’s upper price band of ₹1,140 per share.

As of October 13, the day before listing, the GMP slightly cooled to ₹370-390, indicating an expected premium of roughly 32% at debut. While GMP offers a speculative glimpse of listing performance, the actual listing price may vary.

IPO Subscription Snapshot

The IPO saw massive investor interest, with overall subscription at 54.02 times. Breaking it down:

Qualified Institutional Buyers (QIBs): 166.51x

Non-Institutional Investors (NIIs): 22.44x

Retail Investors: 3.55x

IPO Structure & Details

The Rs 11,607 crore IPO was fully an Offer for Sale (OFS) of 10.18 crore shares, meaning the company won’t receive proceeds from the issue. The price band was ₹1,080-1,140 per share, with a minimum retail lot size of 13 shares (~₹14,820 at the upper end).

Top investment banks managing the issue include Morgan Stanley, JPMorgan India, Axis Capital, BofA Securities, and Citigroup Global Markets India.

Investors will be keenly watching the October 14 debut for possible strong listing gains, as the consumer electronics IPO hits Dalal Street.