LG Electronics IPO Share Allotment Update
Hold onto your hats, investors! The much-anticipated LG Electronics IPO share allotment is set to be finalized tonight, October 10. After a whirlwind subscription frenzy, 54.02 times oversubscribed, to be exact, this IPO has truly captured the market’s imagination. Valued at a hefty Rs 11,607 crore, LG Electronics opened its doors for public subscription between October 7 and 9, with shares priced in the tempting range of Rs 1,080 to Rs 1,140.
So, if you threw your hat in the ring, tonight’s the night you find out if you’ve snagged some shares in one of India’s hottest consumer electronics names. Will you be celebrating your allotment, or waiting for the next big IPO rush? Stay tuned, and keep those fingers crossed, you’re just a few clicks away from discovering your fortune!
Ready to check your allotment? The countdown is on!
LG Electronics IPO Grey Market Premium (GMP)
- Shares of LG Electronics India are trading at a Grey Market Premium (GMP) of approximately 26-34%.
- Investorgain reports a GMP of Rs 383, indicating a potential listing gain of around 33.6%.
- IPO Watch notes a GMP of about 26%.
LG Electronics IPO Allotment and Listing Schedule
- IPO allotment finalization: October 10, 2025 (expected).
- Refunds and share transfer to Demat accounts start: October 13, 2025.
- Tentative listing date on BSE and NSE: October 14, 2025.
LG Electronics IPO Price Band, Structure, and Business Overview
Price Band: Rs 1,080 to Rs 1,140 per share
IPO Structure:
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Fully an offer-for-sale (OFS) of 10.18 crore shares by South Korean parent LG Electronics Inc.
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No fresh issue component; proceeds will go to selling shareholders.
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Fundraising target: Rs 813.07 crore.
Business Segments:
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Home Appliances & Air Solutions (approx. 75% of revenue)
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Home Entertainment (approx. 25% of revenue)
Manufacturing & Distribution Network:
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2 manufacturing plants
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2 central distribution centres
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23 regional distribution centres
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51 branch offices
Financial Highlights (FY 2024):
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Revenue: Approx. ₹21,352 crore (7-8% year-on-year growth)
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Net Profit: Approx. ₹1,511 crore (12% year-on-year growth)
How to Check LG Electronics IPO Allotment Status
On KFin Technologies Registrar Website:
- Visit KFin Technologies IPO allotment status page
- Select ‘LG Electronics India Ltd.’ from the IPO dropdown menu.
- Enter PAN, Application Number, or DP Client ID.
- Click Submit.
- View your allotment status.
On NSE:
- Visit NSE IPO allotment page
- Select ‘LG Electronics India’ under Equity & SME IPO bid details.
- Enter PAN and Application Number.
- CLick Submit.
- View allotment status.
On BSE:
- Visit BSE IPO allotment page
- Select ‘Equity’ as Issue Type.
- Choose ‘LG Electronics India Ltd.’ as Issue Name.
- Enter PAN and click Search.
- View allotment status.
(With Inputs)
Aishwarya is a journalism graduate with over three years of experience thriving in the buzzing corporate media world. She’s got a knack for decoding business news, tracking the twists and turns of the stock market, covering the masala of the entertainment world, and sometimes her stories come with just the right sprinkle of political commentary. She has worked with several organizations, interned at ZEE and gained professional skills at TV9 and News24, And now is learning and writing at NewsX, she’s no stranger to the newsroom hustle. Her storytelling style is fast-paced, creative, and perfectly tailored to connect with both the platform and its audience. Moto: Approaching every story from the reader’s point of view, backing up her insights with solid facts.
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