Sat Oct 11 17:10:00 UTC 2025: **Summary:**

LG Electronics India’s ₹11,607 crore IPO closed with an overwhelming response, oversubscribing 54 times. The IPO, an entirely offer-for-sale (OFS) by the South Korea-based parent company, was priced between ₹1,080 and ₹1,140 per share. Allotment status is now available and can be checked through BSE, NSE, or KFin Technologies websites. The grey market premium (GMP) indicates a strong listing at around ₹1,535, a premium of 33%. The expected listing date is October 14, 2025. Analysts recommend holding the stock for the long term, citing the company’s market leadership and strong financials. The IPO is valued at a P/E of 37.6 times based on annualized FY26 earnings, and the company boasts significant in-house production capacity and a robust service network in India.

**News Article:**

**LG Electronics IPO Allotment Finalized; Listing Expected to Soar**

**Mumbai, October 10, 2025** – The highly anticipated initial public offering (IPO) of LG Electronics India has finalized its allotment process after witnessing a staggering 54-times oversubscription. Investors can now check their allotment status online via the Bombay Stock Exchange (BSE), National Stock Exchange (NSE), or the registrar, KFin Technologies.

The ₹11,607 crore IPO, priced at ₹1,080 to ₹1,140 per share, garnered significant interest from all investor categories. The entire offering consisted of an offer-for-sale (OFS) by its South Korean parent company. Proceeds from the IPO will go to the parent company.

Market analysts predict a strong market debut on October 14th, with the grey market premium (GMP) currently indicating a listing price of approximately ₹1,535. This would represent a premium of around 33% over the upper price band.

“LG Electronics India’s IPO comes amid heightened momentum in the Indian consumer durables sector and robust domestic consumption trends,” stated an Anand Rathi report. “The company’s dominant market position across key product verticals—supported by widespread distribution, growing local manufacturing, and a capital-efficient, debt-free balance sheet—provides strong levers for growth and margin resilience.”

Analysts recommend investors hold the stock for the long term, citing the company’s strong brand recognition, market leadership, and robust financial performance. The company’s in-house production capacity, extensive service network, and experienced management team also contribute to its positive outlook.

To check allotment status, investors can visit the BSE, NSE, or KFin Technologies websites and use their application number, Demat account number, or PAN details.

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