LG Electronics IPO GMP Today Surges Around 28%: Subscription Soars & Estimated Gains
LG Electronics IPO GMP Today: The buzz around the LG Electronics IPO has reached a fever pitch, and LG Electronics IPO GMP today is now a critical signal for investors eyeing listing gains. As of Day 3, the grey market premium (GMP) is hovering in the ₹300+ territory, reflecting strong demand and positive market sentiment.

LG Electronics IPO GMP Today
As of October 9, 2025, the LG Electronics IPO GMP today has climbed to approximately ₹338, implying a ~29.65% premium over the upper price band of ₹1,140.
Earlier in the day, secondary reports pegged GMP at ₹321 (indicating ~28.16%)
Meanwhile, other sources suggest a more conservative GMP of ₹298, indicating a 26.1% upside expectation.
These variances reflect timing, source, and investor sentiment volatility. For retail bidders, the takeaway is: the market sees strong upside, but expectations must be tempered with caution.
Also Read: Check Tata Capital IPO GMP, Allotment Status & Listing Details!
Subscription Snapshot on Day 3 — Demand Across Categories
Let’s see how subscriber interest has evolved. Below is a summary of oversubscription levels (as of mid-day, Day 3):
Investor Category | Oversubscription (Day 3) |
---|---|
Qualified Institutional (QIB) | ~17.34× |
Non-Institutional Investors (NII) | ~17.61× |
Retail Individual (RII) | ~2.84× |
Total (Aggregate) | ~10.14× |
Earlier in the day, footprints showed: QIB ~5×, NII ~16×, Retail ~2.75×, total ~6.3×.
On a broader basis, Business Standard reported the IPO was oversubscribed ~5.38× by 11:57 AM.
Insights:
- NIIs continue to dominate the subscription surge.
- QIBs are participating strongly, pushing institutional confidence.
- Retail is lagging but still showing respectable demand for a large issue.
Valuation, Listing Estimate & Peer Comparisons
Valuation & Expected Listing Price
With GMP ~₹338, the implied listing price is estimated around ₹1,478 (₹1,140 + ₹338), signaling ~29.7% listing gains.
If GMP is ~₹298 instead, list estimates fall to ~₹1,438 — ~26.1% gain.
At the upper price band of ₹1,140, this gives a P/E multiple around ~35.1× (FY25 estimates) as flagged by SBI Securities.
Financials & Peer Context
- For FY25, LG India posted revenues of ₹24,367 crore and reported ₹2,203 crore in net profit.
- Return ratios: ROE ~37%, ROCE ~43%.
- Among peers (Whirlpool, Havells, Blue Star, Voltas), LG’s margins and growth metrics stand out.
In short, LG India’s premium multiples are justified by its leadership in home appliances and strong financial moat.
Risk Signals & Expert Views
While the bullish narrative dominates, several risk flags merit attention:
- Governance & Royalty Risk
Governance advisory InGovern flagged ₹4,717 crore in disputed tax and royalty liabilities, plus related-party transaction concerns — issues that could demand provisioning post-listing. - Entirely Offer-for-Sale (OFS)
Since it’s a pure OFS, LG India gets no fresh capital for expansion; benefits go to promoter exit rather than balance sheet growth. - Grey Market Volatility
GMP swings across sources (₹298 to ₹338) show heightened speculative behaviour. Investors must assess when to trust vs when to doubt. - Valuation Sensitivity
A dip in GMP or market sentiment near listing could squeeze gains sharply — caution is vital.
Analyst Opinions
- Few market analysts assign a “Subscribe” rating, citing LG’s dominance, parent strength, broad distribution, and solid metrics.
- Justifies valuations given 35× FY25 P/E, strong return ratios, and capacity expansion plans.
Key IPO Dates
Event | Date |
---|---|
IPO Opens | October 7, 2025 |
IPO Closes | October 9, 2025 |
Allotment Date | October 10, 2025 |
Refunds Initiated | October 11, 2025 |
Shares Credited to Demat | October 13, 2025 |
Listing Date | October 14, 2025 |
Also Read: India’s Mega Consumer Brand- LG Electronics IPO Details
Conclusion & Takeaway
“LG Electronics IPO GMP today” has emerged as a bellwether for investor expectations — currently signaling potential listing gains of ~26%–30%. Demand across categories is robust, especially from NIIs and QIBs. But the volatile grey market, governance red flags, and the purely OFS nature inject caution into what is otherwise a compelling story.
For Indian investors:
- If you’re applying, aim high but manage expectations — GMP may compress near listing.
- For short-term bidders, secure allotment but consider booking partial gains.
- Long-term investors should monitor post-IPO fundamentals: margins, royalty resolution, parent support, capital allocation.
Stay tuned to allotment updates, listing moves, and GMP shifts — they’ll dictate whether the “LG Electronics IPO GMP today” hype translates into real profit on listing day.
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Disclaimer: The views and investment insights provided here are based on publicly available information and do not constitute financial advice. Readers are advised to conduct their own research or consult certified financial experts before making investment decisions.