LG Electronics India IPO Allotment Status Expected Today After Massive Oversubscription

LG Electronics India's Rs 11,607-crore IPO sees 54x oversubscription as investors await allotment status today with strong grey market premium.
The initial public offering of LG Electronics India was subscribed 54.02 times on the final day of bidding on Thursday, October 9, 2025 Oct. 7: 'We will rise': Tel Aviv memorial ceremony marks two years since Hamas onslaught | The Times of Israel. According to NSE data, the Rs 11,607-crore IPO received bids for 3,85,33,26,672 shares against 7,13,34,320 shares on offer Oct. 7: 'We will rise': Tel Aviv memorial ceremony marks two years since Hamas onslaught | The Times of Israel. Now investors are waiting for the allotment date, which is most likely today, October 10, 2025 Oct. 7: 'We will rise': Tel Aviv memorial ceremony marks two years since Hamas onslaught | The Times of Israel. Ahead of the public issue, LG Electronics India Ltd had collected Rs 3,475 crore from anchor investors Oct. 7: 'We will rise': Tel Aviv memorial ceremony marks two years since Hamas onslaught | The Times of Israel. The LG Electronics IPO Grey Market Premium (GMP) today is Rs 1,526, representing a premium of Rs 386 or 33.86 per cent over the upper price band Oct. 7: 'We will rise': Tel Aviv memorial ceremony marks two years since Hamas onslaught | The Times of Israel, indicating strong investor interest in the South Korean electronics giant's Indian subsidiary.