October 16, 2025
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The retail investor segment in LG Electronics India’s IPO was fully subscribed by the second day of bidding, while the ₹11,607 crore Offer For Sale (OFS) portion was fully subscribed on the first day itself. By around 12:30 pm on Wednesday, investors had bid for 17.62 crore shares, surpassing the 7.13 crore shares available.

Retail investors placed bids for approximately 5.71 crore shares, exceeding the 3.55 crore shares reserved for them. Non-institutional investors (NIIs) led the subscription, bidding 8.69 crore shares against a quota of 1.52 crore, marking a 5.71 times subscription. Qualified institutional buyers (QIBs) also showed strong interest, with bids for 3.14 crore shares against 2.03 crore offered, achieving 155% subscription.

In the grey market, LG Electronics India shares traded 26.14% higher, with a premium of ₹298 per share on day two, though these are speculative rates. The IPO, fully an OFS by LG Electronics Inc, closes on October 9, with shares expected to list on October 14. The issue offers 10.18 crore shares at ₹1,080-₹1,140, valuing the company at about ₹77,000 crore. The company also secured ₹3,474 crore from anchor investors before the IPO.

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