LG Electronics India IPO
LG Electronics India Limited (LGEINDIA) · mainboard IPO on NSE and BSE · 100% Book Building. Listed on 14 October 2025.
Issue details
Listing day
Back-tested estimate (from a model that had only seen earlier years' IPOs): listing gain +38.4% (likely range +26% to +65%), day's high +45.0%, chance of a gain 92%. Actual: +50.0% at the open, +53.4% at the high.
Subscription status
| Category | Shares offered | Shares bid for | Subscribed | |
|---|---|---|---|---|
| QIB (institutions) | 2,03,21,026 | 3,38,36,21,748 | 167x | |
| NII (HNI) total | 1,52,40,770 | 34,20,85,835 | 22.4x | |
| Big NII (above ₹10 lakh) | 1,01,60,514 | 25,07,12,696 | 24.7x | |
| Small NII (₹2-10 lakh) | 50,80,256 | 9,13,73,139 | 18.0x | |
| Retail | 3,55,61,796 | 12,61,50,037 | 3.55x | |
| Employees | 2,10,728 | 16,06,436 | 7.62x | |
| Total | 7,13,34,320 | 3,85,34,64,056 | 54.0x |
Bids on NSE and BSE together, as published by NSE, as of 09 Oct 2025, 07:00 PM. Shares offered exclude the anchor portion. 3% of all shares bid for were at the cut-off price.
Past IPOs with similar demand
Earlier mainboard IPOs whose QIB, NII and retail subscription and size were closest to LG Electronics India's, and how they listed.
| IPO | QIB | NII | Retail | Total | Size | Listing gain | Day high |
|---|---|---|---|---|---|---|---|
| Bajaj Housing FinanceSep 2024 | 209x | 41.5x | 7.04x | 63.6x | ₹6,958 Cr | +114.3% | +135.7% |
| Anthem BiosciencesJul 2025 | 183x | 42.4x | 5.64x | 63.9x | ₹3,584 Cr | +26.9% | +31.1% |
| Cello WorldNov 2023 | 109x | 24.4x | 3.06x | 38.9x | ₹2,068 Cr | +27.9% | +29.2% |
| Belrise IndustriesMay 2025 | 108x | 38.3x | 4.27x | 41.3x | ₹2,276 Cr | +11.1% | +13.8% |
| Vishal Mega MartDec 2024 | 80.7x | 14.2x | 2.31x | 27.3x | ₹8,432 Cr | +33.3% | +46.7% |
| Campus ActivewearApr 2022 | 152x | 22.3x | 7.68x | 51.8x | ₹1,400 Cr | +23.3% | +43.1% |
Lead managers and their listing record
| Book running lead manager | Mainboard IPOs since 2019 | Avg listing gain | Listed at a premium |
|---|---|---|---|
| Axis Capital | 107 | +20.4% | 73% |
| Citigroup Global Markets India | 35 | +14.2% | 63% |
| Morgan Stanley India Company | 24 | +13.9% | 67% |
| J.P. Morgan India | 27 | +17.4% | 74% |
| BofA Securities India | 18 | +30.6% | 72% |
Offer documents (NSE)
Frequently asked
What is the LG Electronics India IPO price band and lot size? ₹1,080–1,140 per share, with a lot of 13 shares, so the smallest retail bid is ₹14,820.
How many times has it been subscribed? 54.0x overall: QIB 167x, NII 22.4x, retail 3.55x, employees 7.62x.
How did it list? It opened at ₹1,710, +50.0% against the issue price of ₹1,140, and closed its first day +48.2%.
