LG Electronics IPO Day 3: Check Subscription Status & Key Highlights

09 October 2025
2 min read
LG Electronics IPO Day 3: Check Subscription Status & Key Highlights
whatsapp
facebook
twitter
linkedin
telegram
copyToClipboard

The bidding window for the LG Electronics IPO will close today, October 9, 2025, for public subscription. The allotment process for the LG Electronics IPO is expected to be finalised on October 10, 2025, and the company’s shares will be listed on both NSE and BSE. The tentative listing date for the IPO is fixed as October 14, 2025.

LG Electronics Ltd is a leading global manufacturer of consumer electronics and home appliances. The South Korean-based company holds a strong presence across international markets and has a diverse portfolio, including televisions, refrigerators, washing machines, air conditioners, and microwaves. 

LG Electronics IPO Day 3 Subscription Status 

[October 9, 2025, 11:39 AM]

On Day 3, LG Electronics IPO saw a subscription of 4.91 times, according to NSE data on October 9, 2025, 11:39 A.M. The IPO was subscribed 2.50 times in the Retail Individual Investors (RII) category, 13.38 times in the Non-Institutional Investors (NII) category , 2.77 times in the Qualified Institutional Buyers (QIBs) category and 5.36 times in the Employees category.

LG Electronics India Ltd - IPO Details

LG Electronics IPO is a book build issue of ₹11,607.01 crores. The issue is entirely an offer for sale of 10.18 crore shares. The price band is set between ₹ 1,080 and ₹ 1,140 per share. The minimum lot size for an application is 13, and the minimum amount required for a retail investor is ₹14,820 (13 shares) based on the upper price.

  • Book-running Lead Managers: Morgan Stanley India Company Private Limited, J.P. Morgan India Private Limited, Axis Capital Limited, BofA Securities India Limited and Citigroup Global Markets India Private Limited are the book-running lead managers for the LG Electronics IPO. 
  • Registrar: Kfin Technologies Ltd. is the registrar of the issue.

Check out newly Listed IPOs on BSE and NSE.

Utilisation of Proceeds

The Company will not receive any proceeds from the Offer (the “Offer Proceeds”), and all the Offer Proceeds will be received by the Selling Shareholder after deduction of Offer-related expenses and relevant taxes thereon, to be borne by the Selling Shareholder.

Explore other Upcoming IPOs on BSE and NSE.

LG Electronics India Ltd - Business Overview 

LG Electronics India Ltd is the Indian subsidiary of Korean LG Electronics, operating since 1997. It makes and sells a wide range of consumer electronics and home appliances — including TVs, refrigerators, washing machines, air conditioners, microwave ovens, monitors, etc.

The company has 2 manufacturing units, 2 central distribution centres, 23 regional distribution centres, and 51 branch offices. Financially, in FY 2024, LG India reported revenue of about ₹21,352 crore (up 7-8% year-on-year) and a net profit of around ₹1,511 crore, up 12% from the previous year.

Disclaimer: This news is solely for educational purposes. The securities/investments quoted here are not recommendatory.

To read the RA disclaimer, please click here.

Do you like this edition?