With the highest-ever bids of ₹4.4 trillion, LG Electronics’ IPO broke the previous record set by Bajaj Housing Finance. Verify the share allocation status, the most recent GMP, and the estimated listing date.
IPO allotment status for LG Electronics: Dalal Street investors are anticipating the basis of allocation for shares of LG Electronics India Ltd., the major appliance company that made history by drawing bids totaling a record ₹4.4 trillion for its ₹11,607-crore IPO. The issuance has eclipsed the previous record set by Bajaj Housing Finance, which attracted bids of ₹3.24 trillion in 2024 for its ₹6,560-crore IPO.
With an all-out offer-for-sale of shares by the promoter, the Indian division of the South Korean consumer durables behemoth made the eighth-largest initial public offering (IPO) in the domestic market. With a lot size of 13 shares and a price range of ₹1,080 to ₹1,140 per share, the public subscription was available from October 7 to 9. BSE data shows that the LG Electronics India IPO had a high overall subscription of 54.02 times, with bids for 3,853.46 million equity shares versus 71.33 million shares on offer.
With a staggering 166.51 subscriptions, qualified institutional buyers (QIBs) spearheaded the reaction. With a 22.45-time subscription rate for the non-institutional investors (NIIs) sector and a 3.55-time subscription rate for the retail investor share, there was robust but selective participation across investor groups.
Here are the direct links to verify the LG Electronics IPO Allotment online
We anticipate finalizing the allocation basis today. Following completion, investors who applied for the LG Electronics IPO may visit the official websites of the BSE, NSE, or the issue’s registrar, Kfin Technologies, to verify their allocation status.
Prior to listing, the grey market premium is consistent.
As a result of investors’ continued confidence, LG Electronics India’s grey market premium (GMP) was stable. Market watchers said that the company’s unlisted shares were selling at around ₹1,520 per share, which represents a premium of ₹380, or about 33%, over the IPO price range’s top end of ₹1,140.
On Tuesday, October 14, 2025, the company’s shares will go public on the BSE and NSE.
The current GMP raises the prospect of a robust listing gain for investors. Market participants warn that GMP patterns are not a good predictor of the stock’s performance after listing since they are unofficial and uncontrolled.