LG Electronics IPO Sees Overwhelming Demand, Subscribed 9.6 Times on Closing Day

LG Electronics' ₹11,607-crore IPO closed with a staggering 9.6 times overall subscription, reflecting robust investor confidence. Qualified institutional buyers led the charge with 15.68 times oversubscription, while non-institutional investors and retail participants followed closely at 17.39 times and 2.82 times respectively.

The offering, priced between ₹1,080 to ₹1,140 per share, marks India's largest OFS this year. Anchor investors including global funds had already committed ₹3,475 crore prior to public bidding. Market analysts attribute the strong response to LG's dominant position in consumer electronics and consistent financial performance.

With listing scheduled for October 14, 2025 on Indian exchanges, the IPO's success signals growing appetite for quality tech offerings in emerging markets. The employee reservation portion saw 6.01 times subscription, underscoring internal Optimism about the company's trajectory.