positive
34 days agoLG Electronics IPO Day 2 sees strong subscription; GMP rises to 29%

LG Electronics India’s IPO remained robust on Day 2, with total subscription at 1.04x as of October 7. Retail participation stood at 0.81x, while non-institutional investors subscribed 2.3x of the offered shares. The ₹1,080-₹1,140 price band and 13-share lot size indicate strong retail demand, supported by a 29% grey market premium. The Offer for Sale will reduce LG Electronics Inc’s holding from 100% to 85%, with listing expected on October 14, reflecting sustained investor confidence.
positive
34 days agoLG Electronics IPO Day 2 sees strong subscription; GMP rises to 29%

LG Electronics India’s IPO remained robust on Day 2, with total subscription at 1.04x as of October 7. Retail participation stood at 0.81x, while non-institutional investors subscribed 2.3x of the offered shares. The ₹1,080-₹1,140 price band and 13-share lot size indicate strong retail demand, supported by a 29% grey market premium. The Offer for Sale will reduce LG Electronics Inc’s holding from 100% to 85%, with listing expected on October 14, reflecting sustained investor confidence.
about 1 month ago
1 min read
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LG Electronics India IPO shows strong subscription and elevated GMP on Day 2, signaling solid market appetite ahead of listing.
LG Electronics India’s IPO remained robust on Day 2, with total subscription at 1.04x as of October 7. Retail participation stood at 0.81x, while non-institutional investors subscribed 2.3x of the offered shares. The ₹1,080-₹1,140 price band and 13-share lot size indicate strong retail demand, supported by a 29% grey market premium. The Offer for Sale will reduce LG Electronics Inc’s holding from 100% to 85%, with listing expected on October 14, reflecting sustained investor confidence.

LG Electronics India’s IPO remained robust on Day 2, with total subscription at 1.04x as of October 7. Retail participation stood at 0.81x, while non-institutional investors subscribed 2.3x of the offered shares. The ₹1,080-₹1,140 price band and 13-share lot size indicate strong retail demand, supported by a 29% grey market premium. The Offer for Sale will reduce LG Electronics Inc’s holding from 100% to 85%, with listing expected on October 14, reflecting sustained investor confidence.
Companies:
LG Electronics India
Tags:
LG Electronics
IPO
LG Electronics
IPO
subscription
grey market premium
retail demand
Oct 8, 2025 • 04:47 IST