LG India's IPO, the most oversubscribed in India, raises ₹11,607 crore with 54x demand, set to list Oct. 14.

LG Electronics India's IPO, set to debut on October 14, 2025, has become the most oversubscribed in India’s history, with bids totaling ₹4.4 trillion—54 times the shares offered—driven by strong demand from institutional and retail investors. The offer for sale by the South Korean parent raised ₹11,607 crore, with no fresh capital raised. Analysts project a 32%–37% listing gain, supported by robust FY25 results, including a 46% profit surge, strong margins, and a debt-free balance sheet. The grey market premium, peaking at ₹421, indicates high investor confidence, though it remains speculative. The stock will list on BSE and NSE, with brokerage firms recommending subscription due to LG’s market leadership and growth potential.