By Priya Raghuvanshi

Copyright timesnownews

As LG Electronics India Limited’s much-anticipated IPO is all set to wrap up today, investor attention remains high despite a slight cooling in grey market premium (GMP). The issue, which opened on October 7, 2025, is available for bidding only until the end of trading hours today, October 9. Priced between Rs 1,080 and Rs 1,140 per share, the public offering is entirely an offer for sale (OFS), aiming to raise Rs 11,607.01 crore. Shares are expected to be listed on both the BSE and NSE. Investor Demand Surges on Day 2 The momentum around the IPO has remained strong. As of 5 pm on the second day of bidding, the IPO was subscribed 3.32 times overall. The retail investor segment reached 1.90 times subscription, while the Non-Institutional Investor (NII) portion saw a robust 7.60 times response. Qualified Institutional Buyers (QIBs) weren’t far behind, subscribing 2.59 times. GMP Dips But Sentiment Stays Positive As of October 9, 2025, 08:54 am, the latest Grey Market Premium (GMP) for the LG Electronics IPO is Rs 300. With a price band set at Rs 1,140, the estimated listing price is Rs 1,440 (cap price + GMP), according to a grey market tracking website Investorgain. This implies an expected gain of approximately 26.32 per cent per share. The dip, they say, is due to profit booking in the broader secondary market, and not specific to the fundamentals of LG Electronics. “The dip is negligible, and the grey market still reflects a solid return potential,” noted market observers. Analysts Echo A ‘Subscribe’ Call Brokerages across the board are bullish on the IPO. Sharekhan stated: “LG Electronics has a leading market share in home appliances and the consumer electronics market in India… we see the issue is fairly valued at 35x FY25EPS and assign a Subscribe rating for the issue.” Ventura Securities also expressed optimism, highlighting the company’s 14.1 per cent revenue growth in FY25 and a net profit of Rs 2,203 crore, according to a Mint report. “Despite this growth, the company faces margin pressures due to intense competition in the Indian market… [but] the company’s balance sheet remains stable, supported by its parent.” Other brokerage firms, including Anand Rathi, Aditya Birla Money, and Canara Bank Securities, have echoed the “subscribe” rating, citing LG’s brand strength, market share, and operational efficiency, the report added. (Disclaimer: This article is meant solely for informational and educational purposes. The views and opinions expressed are those of individual analysts or brokerage firms and do not reflect the stance of Times Now. Readers are advised to consult certified financial experts before making any investment decisions.) Get Latest News live on Times Now along with Breaking News and Top Headlines from Business, Companies and around the world.