LG Electronics India IPO Day 3 GMP Live: LG Electronics Jumbo IPO Ends Today; Subscribed 3.32 Times So Far

The much-anticipated LG Electronics IPO is closing today, marking the final day of bidding for one of the biggest IPOs of 2025. According to BSE data, the  IPO was subscribed 3.32 times by the end of Day 2, reflecting strong demand from investors across categories.

Strong Investor Response to LG Electronics India IPO

The jumbo IPO of LG Electronics India Ltd, a leading name in home appliances and consumer electronics, has garnered robust investor interest ahead of its closure. The company serves both B2C and B2B customers across India and global markets, offering end-to-end services including repair, installation, and maintenance for its products.

LG Electronics India manufactures and sells a wide range of products such as LED TVs, washing machines, refrigerators, microwaves, and inverter air conditioners. The company operates large-scale production facilities in Noida (Uttar Pradesh) and Pune (Maharashtra), catering to both domestic and export markets.

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LG Electronics IPO: Anchor Investor Participation

Ahead of the IPO opening, LG Electronics India successfully raised ₹3,475 crore from top-tier anchor investors. The anchor book saw participation from global and domestic institutional giants such as:

• Government of Singapore

• BlackRock Global Funds

• Goldman Sachs

• Abu Dhabi Investment Authority

• Fidelity Funds

• Government Pension Fund Global

• SBI Mutual Fund, ICICI Prudential Mutual Fund, HDFC Mutual Fund, Kotak Mutual Fund

• SBI Life Insurance, ICICI Prudential Life Insurance, HDFC Life Insurance

This strong anchor response highlights investors’ confidence in the company’s market leadership, brand strength, and long-term growth potential in India’s expanding consumer electronics sector.

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LG Electronics India IPO: Size, Price Band, and Structure

The ₹11,607.01 crore IPO is entirely an offer for sale (OFS) of 10.18 crore equity shares by its South Korean parent, LG Electronics.
The price band for the issue has been set between ₹1,080 and ₹1,140 per share.

Since it’s a pure OFS, LG Electronics India will not receive any proceeds from the IPO. The funds raised will go directly to the South Korean promoter, reducing its stake in the Indian subsidiary.

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LG Electronics India IPO: Subscription Breakdown

As per exchange data, the category-wise subscription on Day 2 stood as follows:

• Qualified Institutional Buyers (QIBs): 2.59 times

• Non-Institutional Investors (NIIs): 7.60 times

• Retail Individual Investors (RIIs): 1.90 times

• Employee Category: 4.11 times

This strong participation across investor classes demonstrates the high level of trust and interest in LG Electronics India’s market position and growth trajectory.

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LG IPO Day 3 GMP Live: Latest Grey Market Premium (GMP)

According to market observers, the IPO GMP (Grey Market Premium) is showing a positive trend, indicating strong listing expectations among investors. The final GMP and allotment details will be available once the issue closes later today.

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Key Dates to Remember

• IPO Open Dates: October 7 – October 9, 2025

• Allotment Date (Expected): October 10, 2025

• Listing Date (Tentative): October 14, 2025

• Stock Exchanges: BSE and NSE

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In summary, the LG Electronics IPO has attracted significant attention from both domestic and foreign investors, underscoring confidence in India’s growing consumer electronics market. With the IPO closing today and strong demand across categories, market experts are eyeing a premium listing on the bourses next week.