LG Electronics India listed with a bang as expected after recently concluding its blockbuster IPO, one of the most awaited and largest IPOs in the Indian stock market in 2025. The listing performance, grey market premium trends, and recent company performances have all boosted strong investor demand for LG India shares.
Details of the IPO
LG Electronics India, the top home appliances and consumer electronics company, floated its much-awaited IPO between October 7 to October 9, 2025. The issue was all of Offer for Sale (OFS) of 10.18 crore shares by its parent company based in South Korea, LG Electronics Inc., to mobilise ₹11,607 crore. The price band for the issue was fixed at ₹1,080-₹1,140 per share with a minimum of 13 shares in a lot. Anchor investors were allocated on October 6 and the issue had an over-whelming response from all groups- it got a 54 times oversubscription, led by high institutional demand and sustained retail subscription. Allotments were completed on October 10, and shares were credited to the investors on or before October 13. The company’s shares listed on both NSE and BSE yesterday on October 14, 2025.
Performance of the Company
The company’s recent quarter performance only added optimism to the investor’s hopes. For the September 2025 quarter, LG Electronics India announced a 7.4% sequential increase in revenue at ₹3,580.72 crore, from ₹3,333.59 crore in the last quarter. The white goods business continues to be LG’s strongest revenue contributor, with domestic manufacturing contributing more than 86% of net sales for FY25. The firm has also posted strong profit growth, with ₹2,203 crore PAT for FY2025, operating profit margins of 13%, up from 10% in the previous year.
GMP and Investor Sentiment
Pre-listing, LG Electronics India’s IPO was very sought after in the grey market, with a premium (GMP) which varied from ₹360–₹420 per share between October 10 and 14. On the last day prior to listing, the IPO GMP indicated a return of approximately 36%, indicating good secondary market demand. Sites monitoring the unregulated trends consistently showed high Kostak rates and good buying interest, expecting strong listing pop.
Listing and Stock Performance
LG India shares had a robust listing on the stock exchanges yesterday on October 14, at about ₹1,710–₹1,715, which was approximately 50% above the higher price band, one of the best recent years have seen in terms of big-cap IPO launches. Overwhelming trading volume took the share to an intraday high of ₹1,729 (NSE) the next listing day, before stabilising over ₹1,716 in intraday trades. The firm’s market cap touched more than ₹1.14 trillion, outranking even its South Korean parent and becoming India’s best-valued consumer durables company. Brokerages continue to be optimistic with price targets running higher and sustained optimism regarding LG’s role in India’s expanding consumer market.
LG Electronics India’s IPO performance reflects robust business fundamentals allied with unprecedented market faith, with a guarantee of a steady presence in India’s equity space.
