LG Electronics India IPO Allotment

LG Electronics India's Initial Public Offering (IPO) has concluded with an overwhelming subscription rate of 54.02 times, raising Rs 11,607.01 crore. The IPO, which was open from October 7 to October 9, saw significant interest from Qualified Institutional Buyers (QIBs) with 166.51 times subscription, Non-Institutional Investors (NIIs) with 22.45 times, and Retail Individual Investors (RIIs) with 3.55 times. The share allotment is expected to be finalized on October 10, 2025, with shares scheduled to be credited to demat accounts by October 13 and listed on JSE Limited and National Stock Exchange of India on October 14. Investors can check their allotment status through the websites of JSE Limited, National Stock Exchange of India, and the official registrars KFin Technologies and Link Intime India Private Limited. The grey market premium (GMP) for LG Electronics India shares suggests a listing gain of around 32-33%. The company reported strong financial performance in FY25, with a 14% increase in revenue and a 46% surge in profit after tax, maintaining a debt-free status and healthy margins.