The most awaited IPO of the season, LG Electronics, is seeing a strong investor demand on the Day 2 of the public bidding.
With a surge in GMP and oversubscription by the investors, things seem to be looking great for the electronics manufacturing brand.
As per multiple media reports and business analysts, the last grey market premium (GMP) for LG Electronics IPO was at Rs 298, predicting a listing gain of 26 per cent.
#LG Electronics IPO Subscription Status. (Day 2)
— Karmegakannan (@karmegakannan_p) October 8, 2025
Retail Investors-1.91(over subscription)
Employees-4.12(over subscription)
GMP-(25.26%) good.
Estimated Profit-₹3744
Tomorrow closed the IPO. pic.twitter.com/6038V0ehre
Qualified Institutional Buyers subscribed to 169 per cent of their share. Meanwhile, Non-Institutional Investor and Retail Individual Investor subscribed 676 per cent and 178 per cent, respectively.
Investors who are interested in bidding for the LG Electronics IPO can submit their application for a minimum lot size of 13 shares at an investment of Rs 14,040. The price range is set at Rs 1080-1140. With an issue size of 11,607 crore, investors can apply for the IPO till October 9.
As per the official website of NSE, the IPO bidding is scheduled to close on October 9, with the allotment dated tentatively fixed on October 10 and the listing to take place on October 14.
About the IPO:
LG Electronics IPO is an offer-for-sale (OFS), and the company will not receive any proceeds from the offer. The primary objective of the offer is to achieve the benefits of listing the equity shares on the stock exchanges, which in turn would enhance the company's visibility and brand recognition.
As per the firm, listing will also provide liquidity to the existing shareholders and create a public market for the company's shares in the country.
