LG Electronics India IPO Opens: Strong Investor Demand and ₹228 GMP Premium
The highly anticipated LG Electronics India IPO opened today for subscription and will remain open until October 9, 2025. The company has set the price band between ₹1,080 and ₹1,140 per share, with the listing expected on October 14, 2025.
The offering is entirely an Offer for Sale (OFS), meaning existing shareholders are offloading their holdings. Based on the current price range, the company’s valuation could reach nearly ₹77,400 crore upon listing.
Company Overview
LG Electronics India is a household name in the Indian consumer electronics market, known for TVs, air conditioners, washing machines, and refrigerators. It operates major manufacturing facilities in Noida and Pune.
Financial Highlights (FY2025):
• Profit After Tax (PAT) Margin: ~8.95%
• EBITDA Margin: ~12.75%
• Price-to-Book Value: ~13x
IPO Details
Particulars | Details |
IPO Dates | October 7–9, 2025 |
Price Band | ₹1,080 – ₹1,140 per share |
Lot Size | 13 shares |
Total Offer | 101.8 million shares |
Mode | Offer for Sale (OFS) |
Registrar | KFin Technologies Ltd |
Expected Listing Date | October 14, 2025 |
Anchor Investors and Institutional Response
Before the IPO opened, 149 anchor investors collectively invested about ₹3,475 crore. Major participants included Goldman Sachs, BlackRock, Abu Dhabi Investment Authority, and the Government of Singapore. Indian mutual funds such as SBI and HDFC also took part, representing almost half of the anchor allocation.
Grey Market Premium (GMP)
The IPO is currently witnessing strong grey market activity, with shares trading at a ₹228 premium. While this indicates positive sentiment, experts warn that GMPs are speculative and may not always reflect listing-day performance.
Risks and Investment Considerations
• Since it’s an OFS, funds raised will not directly go to the company.
• Market conditions, inflation, and interest rates can impact listing outcomes.
• Grey market trends should not be the sole decision factor for investment.
Conclusion
LG Electronics India IPO is one of the most awaited issues of 2025, supported by robust financials and strong institutional participation. While short-term listing gains look promising, long-term investors should evaluate fundamentals carefully before investing.
Disclaimer:
This content is for informational purposes only and does not constitute financial advice. Please consult your financial advisor before investing.
News Source : Money Control
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