- By Shreyansh Mangla
- Tue, 07 Oct 2025 12:29 PM (IST)
- Source:JND
LG Electronics IPO: LG Electronics India, a maker of consumer electronics and home appliances, recently launched an IPO on October 7, 2025. A day before this, on October 6, LG Electronics India had raised Rs 3,474.9 crore from 149 anchor investors, thus gaining the trust of major financial players in the company. This is an offer for sale (OFS), meaning the existing shares will be sold by its parent company, LG Electronics in Korea, for 10.18 crore equity shares, while the Indian branch will receive no funds for expansion.
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LG Electronics IPO: Subscription Dates
The general public can subscribe to the shares from October 7 onwards, until October 9, when the share sale closes.
LG Electronics IPO: Price Band
Each share will be priced in the range of Rs 1,080 and Rs 1,140. Ahead of its stock market debut, the company had already sold 3.04 crore shares to anchor investors at the highest possible price.
LG Electronics IPO: Grey Market Premium (GMP)
According to the market tracker IPO Watch, the Grey Market Premium (GMP) for the LG Electronics IPO is in the range of Rs 318 to Rs 323 per share. However, official information for the GMP has not been disclosed by any verified portal.
This has been the second largest IPO of the week, right after Tata Capital's large share sale IPO, which was worth Rs 15,512 crore, making it another big story in the world of IPOs.
LG Electronics IPO: Major Investors
Many famous global and domestic companies are among the early investors for this IPO, including famous names like Goldman Sachs, Fidelity, Abu Dhabi Investment Authority, Government of Singapore, Monetary Authority of Singapore, INQ Holdings, T Rowe Price International, Schroder International, Pictet and BlackRock, which became major stakeholders of the home appliance and consumer electronics manufacturer. Domestic investors include SBI Mutual Fund, ICICI Prudential MF, HDFC AMC, Nippon Life India, Kotak Mahindra AMC, Axis Mutual Fund, Mirae Asset, Aditya Birla Sun Life AMC, SBI Life Insurance, HDFC Life Insurance, ICICI Prudential Life Insurance, Franklin India, WhiteOak Capital, LIC MF, PGIM India, UTI MF, Tata MF, Bandhan MF, Canara Robeco MF, Edelweiss, HSBC MF Invesco, Motilal Oswal AMC, and Bajaj Allianz General Insurance also took part in the IPO.
There has been a general consensus among the mutual fund investment groups as a group of 26 companies bought a surprising 1.48 crore shares together for a total cost of Rs 1,697.85 crore.
As a justification for going public, LG stated that it has been a top seller for many electronic consumer appliances in India, such as washing machines, refrigerators, TVs, air conditioners, and microwaves, especially those bought at its physical stores.
LG Electronics IPO: Book Running Lead Managers
Several major banks and financial companies, such as Axis Capital, Citigroup, Morgan Stanley, and JP Morgan, are contributing as book running lead managers in the IPO.