LG Electronics India Ltd has rewritten the records in India’s IPO history, becoming the first-ever IPO in the country to surpass ₹4 lakh crore in total subscription value. With a subscription ratio of 54.02 times, the IPO has taken the market by storm, positioning LG Electronics India as one of the most highly anticipated listings this year. The ₹11,607 crore IPO is set to list on October 14, 2025.
The Details of the IPO
LG Electronics India IPO was an offer for sale (OFS), with its parent company, LG Electronics Inc., selling its stake in the Indian arm. Notably, the Indian unit of LG will not receive any proceeds from the issue.
The IPO offered 10.18 crore equity shares, priced in the range of ₹1,080 to ₹1,140 per share. At the upper end of the price band, the offering values LG Electronics India at approximately ₹77,000 crore (roughly $8.7 billion).
Unprecedented Subscription Demand
The demand for LG Electronics India’s IPO was nothing short of exceptional. The issue received an overwhelming response, with a total of 3,85,33,26,672 shares bid for, against the 7,13,34,320 shares available. This translated into a staggering subscription of 54.02 times, making it the largest-ever subscription by value in India’s IPO history.
A substantial portion of the demand came from institutional investors. Qualified Institutional Buyers (QIBs) led the charge, subscribing 166.51 times, while non-institutional investors and retail investors subscribed 22.44 times and 3.54 times, respectively. This robust demand reflects investors’ confidence in the company’s growth prospects and market position.
Anchor Investors and Market Capitalisation
Ahead of the IPO, LG Electronics India raised ₹3,474 crore from multiple anchor investors. These investors were allotted 3.04 crore shares at ₹1,140 per share, the upper limit of the IPO price band. The company is set to have a market capitalisation of ₹77,000 crore, making its listing an event of high significance in India’s capital markets.
Why the IPO Matters
The successful IPO marks a significant milestone for LG Electronics India and the Indian stock market. Not only is it the largest-ever subscription, but it also signifies the growing interest in high-quality companies with a strong brand presence and market potential. The company, with its diversified portfolio in consumer electronics, home appliances, and mobile devices, has built a solid reputation both in India and globally.
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Conclusion
LG Electronics India’s IPO has set a new benchmark in the Indian Electronics Sector, with record-breaking subscription figures and a highly successful offering. The strong institutional demand reflects the confidence investors have in the company’s future growth, as it continues to strengthen its position in India’s highly competitive electronics market. As the IPO gets ready to list on October 14, all eyes will be on the company’s market debut, which is expected to generate significant interest.
If you are exploring more investment opportunities, check out our dedicated page on upcoming IPO listings to stay updated on the latest market offerings.
