Investors who subscribed to the highly anticipated LG Electronics India IPO can finally check their allotment status, as the company has completed the share allocation process. The issue, which witnessed overwhelming participation from both retail and institutional investors, stands out as one of the most sought-after offerings of 2025.
The IPO was oversubscribed nearly 54 times, underscoring strong investor appetite for large, consumer-facing businesses. The price band was fixed between Rs 1,080 and Rs 1,140 per share, with the allotment finalised at the upper end of the range.
According to market trackers, the grey market premium (GMP) for LG Electronics India has surged to around Rs 400–Rs 420, hinting that the stock could list at a 30–35 per cent premium over its issue price when it debuts on the bourses on 14 October. This suggests potential listing gains of Rs 5,000–Rs 6,000 per lot, depending on market sentiment on debut day.
However, analysts caution that GMP trends, while a useful sentiment indicator, do not always reflect actual listing performance. Market volatility and global cues can influence final pricing once trading begins.
Investors can check their IPO allotment status via the BSE website or through KFin Technologies, the issue registrar, by entering their PAN, application number, or DP/client ID. Shares are expected to be credited to successful bidders’ demat accounts before listing.
The LG Electronics India IPO was a pure offer for sale (OFS) by its South Korean parent, LG Electronics Inc., meaning no new shares were issued and proceeds will go directly to the promoters.
Despite being an OFS, investor demand remained robust across categories, particularly among qualified institutional buyers (QIBs) and high-net-worth investors (HNIs). Market experts said this reflected strong confidence in LG’s market leadership, brand strength, and growth prospects in India’s premium consumer electronics segment.
With the festive season approaching and liquidity conditions remaining healthy, traders will be watching closely to see whether LG can live up to its bullish grey-market expectations when it lists next week. |
