LG Electronics India IPO has entered its final day (Day 3) of bidding today, October 9. The issue has already been subscribed 295%, and the Grey Market Premium (GMP) has jumped by 26%, showing strong investor interest.

IPO Dates and Price Details

  • Bidding period: October 7 – October 9

  • Price band: ₹1,080 – ₹1,140 per share

  • Lot size (minimum): 13 shares

  • IPO Type: Offer for Sale (OFS) – no new funds raised, only existing promoters selling their stake

Detail Information
Price Band ₹1,080 – ₹1,140 per share
IPO Dates October 7 – 9
GMP (Grey Market Premium) 26%
Allotment Date October 10
Listing Date October 14
Stock Exchange NSE, BSE


Share Allocation

  • Qualified Institutional Buyers (QIBs): 50%

  • Non-Institutional Investors (NIIs): 15%

  • Retail Investors: 35%

The promoter, LG Electronics Inc., will sell over 10 crore shares, reducing its stake from 100% to 85% after the IPO.

Grey Market Premium (GMP) Update

Currently, LG Electronics India’s unlisted shares are trading around ₹1,418, which is about 24% higher than the upper IPO price band of ₹1,140.

Important Dates

  • Last date to apply: October 9

  • Allotment date: October 10

  • Listing date: October 14

If you’re planning to invest, today is your last chance to place your bid before the IPO closes.