LG Electronics India has witnessed strong investor interest, with the issue being subscribed 2.52 times so far on day 2.
At 2.12 pm on October 8, investor demand has been particularly strong among non-institutional investors (NIIs), who have subscribed 5.77 times. Retail individual investors (RIIs) have subscribed 1.62 times, while qualified institutional buyers (QIBs) have subscribed 1.63 times. The employee segment has been reserved at 3.44 times.
The ₹11,607-crore IPO, which opened on October 7 and concludes on October 9, has a price band of ₹1,080-1,140 per share, offering an offer for sale (OFS) of 10.18 crore shares, without issuing any new equity.
The tentative listing date is October 14, 2025.
The company attracted ₹3,475 crore from anchor investors, ahead of the public offering. Notable participants include the Abu Dhabi Investment Authority (ADIA) and Goldman Sachs.
Analysts view the IPO favourably, citing LG Electronics India’s robust financial performance and market leadership. Brokerages, including SBI Securities, have assigned a subscribe rating to the IPO, highlighting its attractive valuation and growth potential.
The IPO has attracted substantial interest from both retail and institutional investors, reflecting confidence in the company’s market position and growth trajectory. Thereby, poised for a successful listing, offering potential value to investors.