LG IPO Allotment Date: Record-Breaking Demand and What Investors Should Expect
LG’s India IPO has rewritten the playbook. Investors placed bids worth a staggering ₹4.4 lakh crore in just three days. The issue was oversubscribed 54.02 times overall. Now, all eyes are on LG IPO Allotment, scheduled for October 10, and the listing on October 14. We guide you through the allotment process, assess sentiments around grey market premium (GMP), explore LG’s financials, and see how this IPO might shape investor trends in 2025.
LG IPO Overview
LG Electronics India launched an offer-for-sale (OFS) for 10.18 crore shares. There is no fresh issuance of new shares. The total size of the IPO is about ₹11,607 crore. The share price band is ₹1,080 to ₹1,140 per share. Retail investors had to apply in lots of 13 shares, making the minimum investment about ₹14,820 at the upper band.
LG’s business in India covers home appliances and consumer electronics: refrigerators, washing machines, TVs, air conditioners, and more. The IPO proceeds don’t go to the Indian entity; since it’s an OFS, they go to the parent (LG Electronics Inc.) selling shareholders.
Subscription Status and Investor Response
Investor response to the LG IPO was historic. The overall subscription hit 54.02 times.
Here is how the different categories subscribed:
- QIB (Qualified Institutional Buyers): 166.51× subscription
- NIIs / HNIs: ~22.44× subscription
- Retail Investors: ~3.54× subscription
- Employees: ~7.6× subscription
It’s rare to see such broad interest across all investor classes. The strong demand suggests that many see listing gains ahead. The brand reputation, stable balance sheet, and growth potential in India’s consumer durables space added to the appeal.
Allotment Date and Process
The allotment is expected on October 10, 2025. After allotment, refunds to those who didn’t get shares and crediting shares to Demat accounts will follow on October 13. The public listing is scheduled for October 14 on both BSE and NSE.
How to Check Allotment Status
We from the investor side can go to:
- BSE website, use the “Application Status / IPO Allotment” section, enter PAN or application number.
- NSE website, their IPO / corporate announcements page, also lists allotment status.
- Registrar’s site (Kfin Technologies / IPO status portal), choose “LG Electronics India Ltd” and enter PAN / Demat / application number.
Once allotment is finalized, eligible investors will see the shares in their Demat account by October 13. Those who didn’t get any shares will see refunds on the same day.
Grey Market Premium (GMP) Trends & Market Sentiment
Ahead of listing, LG’s IPO is generating strong buzz in the grey market. On October 9, the GMP was around ₹338, translating to ~29.65% premium at the upper price band of ₹1,140. This suggests an expected listing price of ~₹1,478.
At times, GMP peaked near ₹328 to ₹338, indicating investor confidence in listing gains. Some media report GMP trending near 31% at one point.
GMP serves as a rough gauge of how much premium the listing could command over the issue price. But it’s not a guarantee, market mood on listing day matters. Still, a high GMP ahead of allotment gives us a signal that optimism is strong.
Financial Performance & Valuation Analysis
LG’s India operations delivered impressive results in FY25:
- Revenue grew ~14% year-on-year to ₹24,631 crore.
- Profit after tax (PAT) surged ~46%.
- EBITDA margin stood at ~12.8%, PAT margin ~9%.
- The company is debt-free, with strong ROCE (~43%) and ROE (~37%).
At the upper price band of ₹1,140, the IPO values LG India at ~35× FY25 earnings (P/E), lower than many peers in the consumer durables sector. Many analysts view this as attractive, given LG’s brand strength, margins, and future growth potential.
Still, there are questions. Some researchers have flagged potential tax liabilities and royalty risks amounting to ~₹4,717 crore. If these risks materialize, they could dent future profits. Also, since proceeds don’t go to the Indian business (OFS), growth capital for India’s operations isn’t being raised directly through this IPO.
Broader Market Impact
LG’s IPO success comes in a hot IPO season for India. It’s the third-largest IPO in 2025 so far, behind Tata Capital and HDB Financial. The strong listing is likely to increase investor confidence in high-value, well-branded issues.
It may encourage more consumer durables, electronics, or manufacturing firms to tap capital markets. Also, foreign institutions that backed LG (such as sovereign funds and global asset managers) may see this as validation of India’s growth story.
Conclusion
The LG IPO Allotment is more than just a date, it’s a milestone in India’s capital markets in 2025. With record demand, strong financials, and optimistic grey market pricing, this IPO has drawn both excitement and high expectations.
As we approach allotment on October 10 and listing on October 14, investors must watch carefully: how many shares they get, how the listing opens, and whether the stock holds its early gains. For many, LG’s debut is also a test of whether high valuations in today’s IPO wave can be sustained.
FAQS:
You can check the LG IPO allotment online. Visit the official registrar’s website or the stock exchange site. Enter your application number or PAN. The result shows instantly.
Some people like the company’s strong brand and global sales. Others worry about market risks. It may be worth buying if you believe in its growth and long-term plans.
LG has a wide product range and steady demand. It invests in new tech and global markets. Still, investors should check financial results and risk before deciding.
Disclaimer:
This content is for informational purposes only and is not financial advice. Always conduct your research.
