The Indian IPO market just witnessed history. LG Electronics India launched one of the most anticipated IPOs of the year — and it shattered all records, with an overwhelming response from retail and institutional investors alike.
As investors now wait to check their LG Electronics IPO allotment status, all eyes are also on the booming Grey Market Premium (GMP) that’s hinting at a powerful listing day.
Let’s break down everything — from allotment updates to GMP trends and what to expect post-listing.

🧾 LG Electronics IPO: A Quick Overview
- IPO Type: Offer for Sale (OFS)
- Issue Size: ₹13,000 crore
- Price Band: ₹1,080 – ₹1,140 per share
- Subscription Status: Oversubscribed 54 times overall
- Listing Exchange: BSE and NSE
- Expected Listing Date: Within the next week
This IPO has become the most subscribed billion-dollar IPO in India in the last 20 years, drawing an astronomical ₹4.39 lakh crore in bids — surpassing even Bajaj Housing Finance.
✅ Allotment Status: When & How to Check
The LG IPO allotment status has now been finalized. Here’s how you can check if you got the allotment:
🔍 Steps to Check Allotment:
- Visit the IPO registrar’s website (KFinTech or Link Intime)
- Go to the “IPO Allotment” section
- Enter your PAN, Application Number, or Demat ID
- Check your allotment status instantly
If allotted, shares will be credited to your Demat account before the listing date. If not, the blocked amount via ASBA will be unblocked/refunded automatically.
📊 LG IPO GMP: Grey Market Buzz & Listing Expectations
The GMP (Grey Market Premium) has been a talking point in the market. According to grey market sources:
- Current GMP: ₹400 – ₹420 per share
- Expected Listing Price: ₹1,540 – ₹1,560
- Estimated Listing Gain: ~35% over issue price
This signals strong investor confidence, thanks to LG’s brand value, stable financials, global presence, and strategic expansion in India’s growing appliance market.
But remember — GMP is unofficial and speculative. While it indicates sentiment, the actual listing price may vary based on real market demand and global cues.
📈 Subscription Breakdown by Category
- Qualified Institutional Buyers (QIBs): Subscribed 80x
- Non-Institutional Investors (NIIs): Subscribed 60x
- Retail Individual Investors (RIIs): Subscribed 35x
- Overall Subscription: 54x
This overwhelming demand, especially from FIIs, mutual funds, and sovereign wealth funds, reflects long-term confidence in the company’s fundamentals.
💼 Why Was This IPO So Hot?
Here’s why LG Electronics India caught everyone’s attention:
- Trusted Global Brand: LG is a household name in electronics, known for reliability and innovation.
- Strong Financials: Solid revenue, growing margins, and market leadership in consumer durables.
- India Focused Growth: Strategic investment in Indian manufacturing, aligning with “Make in India” and PLI schemes.
- Smart Pricing: The price band felt reasonable, making it attractive for both retail and HNI investors.
- Bullish Sentiment in Markets: With recent successful IPOs, investors were already in risk-taking mode.
🧠 What Should Investors Do Now?
If you got allotted shares:
- Watch the listing day carefully. If the stock lists significantly above the issue price and the momentum holds, you may consider booking partial profits.
- Think long term. LG’s fundamentals are solid, and the company has room for growth — especially in the premium appliance segment.
If you didn’t get allotted:
- Don’t worry — strong IPOs often become good buys after some post-listing correction.
- Keep an eye on upcoming IPOs; the market is showing positive momentum.