LG Electronics IPO Allotment Live: Steps to check allotment status online, direct links, latest GMP & more

In the grey market, shares of LG Electronics India were quoting at a premium of around 26–27 percent, according to market trackers. IPO Watch pegged the grey market premium (GMP) at 26.31 percent, while Investorgain reported a GMP of Rs 310, indicating potential listing gains of about 27 percent.

• Step 1: Open the website of NSE by clicking on this direct link (https://www.nseindia.com/products/dynaContent/equities/ipos/ipo_login.jsp).
• Step 2: Select the company 'LG Electronics India' by selecting Equity & SME IPO bid details
• Step 3: Investors can check the allotment status by filling in details like their IPO Application number or PAN details after selecting company symbol.
• Step 4: Press the Submit button
• Step 5: The allotment status will be shown in the window.

• Step 1: Open the website of BSE by clicking on this direct link (https://www.bseindia.com/investors/appli_check.aspx)
• Step 2: Select Equity in the issue type.
• Step 3: Fill in the required details including the 'Issue Name'.
• Step 4: Enter PAN number and click on Search to view the status
• Step 5: The allotment status will be shown in the window.

• Step 1: Open the direct link to the registrar on this URL (https://ipostatus.kfintech.com/).
• Step 2: Select the IPO from the dropdown menu to select the company.
• Step 3: Investors can check the allotment status by filling in details like PAN, Application number or DP client ID.
• Step 4: Press the Submit button
• Step 5: The allotment status will be shown in the window.

"With a wide product portfolio, strong brand recognition under LG, and a robust offline and B2B distribution network, LG Electronics is well-positioned to drive growth in India’s expanding home appliances and consumer electronics market. Investors may consider the IPO as a potential long-term investment opportunity," said Master Capital Services.

Shravan Shetty, Managing Director of Primus Partners, expects LG Electronics to list at a significant premium compared to its upper price band, primarily due to the strong performance and better margins as compared to listed competitors. "It is also reasonably priced as compared to its competitors with a P/E ratio in higher 30s as compared to competition," he added.

“This IPO isn’t just about appliances—it signals robust demand for upgraded lifestyles. From a real estate lens, appliance uptakes mirror housing upgrades, pointing to comforting tailwinds for property and home décor segments,” said Siddharth Maurya, Founder & Managing Director, Vibhavangal Anukulakara Pvt. Ltd.

LG Electronics India launched its IPO to raise Rs 11,607-crore entirely through an offer for sale (OFS) of shares by Korean parent LG Electronics Inc, with no fresh issue component. This means that none of the IPO proceeds will go to the company as they will be received by the selling promoters. The price band for the IPO has been set at Rs 1,080-1,140 apiece.

Ahead of listing, the unlisted shares of the company were trading with more than 35% grey market premium (GMP) over the IPO price, according to data on Investorgain. This is higher than the 33% GMP quoted by the site earlier yesterday.

If your funds remain blocked even after the allotment date, you can contact your bank and request for release. Since the funds are only blocked (not deducted) in your account, interest continues to accrue as usual until the amount is unblocked.

Banks generally unblock funds after the share allotment is finalised. However, some banks may release funds only after the mandate end date. To check the mandate end date, visit kite.zerodha.com/bids/ipo and click on the respective IPO.

If you are not allotted shares, the blocked amount will be released automatically, and you will receive an SMS notification confirming the same. You can also check your 'Free Bank Balance' in the 'Manage Funds' section of the ICICI Direct App or by logging in to the iMobile App.

If you do not receive an IPO allotment, your funds will be unblocked shortly after the allotment process is completed. The general IPO timeline is as follows: if the IPO closes on T Day, the allotment happens on T+1 working day, and funds are unblocked on T+2 working day.

The offline channel represented approximately 78% and 77% of India's total home appliances and consumer electronics market (by value) in CY2024 and the first half of 2025, respectively - highlighting LG Electronics India's deep reach and continued dominance in the sector.

LG Electronics IPO Allotment Live: The company leads India's offline market in multiple categories, including washing machines, refrigerators, panel televisions, inverter air conditioners, and microwaves, based on value market share.

As per the Redseer Report, LG Electronics India is the number one player in major home appliances and consumer electronics (excluding mobile phones) for the six months ended June 30, 2025, as well as for CY2024, CY2023, and CY2022.

Once the allotment process is finalised, investors can check their LG Electronics IPO allotment status through the official websites of BSE, NSE, or the registrar KFin Technologies Ltd.

Qualified Institutional Buyers (QIBs) were the biggest contributors to this record-breaking performance, subscribing their portion 166 times. They placed bids for 3.38 billion shares against 20.3 million shares reserved for them.

In a milestone moment for India's capital markets, LG Electronics India became the first IPO in the country to cross Rs 4 lakh crore in total subscription value. According to BSE data, the issue received bids for more than 385 crore shares against 7.13 crore shares on offer, amounting to a total bid value of approximately Rs 4.4 lakh crore - making it India's most subscribed IPO by value.

The three-day public issue drew exceptional demand across categories, with the mainboard IPO subscribed 54.02 times overall by the end of bidding. This overwhelming response reflected strong confidence from both institutional and retail investors.

The record-setting initial public offering (IPO) of LG Electronics India Ltd is expected to finalise its share allotment on Thursday, October 10, following an unprecedented response from investors that has rewritten IPO history in India.

The company operates its business through two main segments:

1. Home Appliances and Air Solutions

B2C: Refrigerators, Washing Machines, Air Conditioners, Water Purifiers, Dishwashers, Microwave Ovens

B2B: Compressors and Motors, System Air Conditioners

2. Home Entertainment

B2C: Televisions, Audio Devices

B2B: Information Technologies (Monitors & Projectors), Information Displays

Investors should consider the following potential risks before subscribing to the LG Electronics India IPO:

Rising raw material costs: Increases in the prices of essential raw materials could impact operating margins.

Supply chain disruptions: Any interruptions in material availability due to geopolitical tensions, shortages, or supplier misconduct may affect production.

Changes in government incentives: Reduction or withdrawal of government support or incentives could affect profitability.

Reduced R&D investment: Any decline in research and development spending or backing from the parent company, LG Electronics, may hinder innovation and competitiveness.

Manufacturing disruptions: Operational halts or stoppages at manufacturing facilities could lead to production delays.

Distribution challenges: Interruptions in distribution or service networks may affect product availability and sales.

Export market risks: Delays or failures in entering export markets at the right time may limit growth opportunities.

Foreign exchange fluctuations: Changes in currency values could adversely affect revenue and costs.

Product defects or safety issues: Any actual or perceived defects or accidents linked to LG products could damage brand reputation and lead to financial losses.

Technology and software risks: Failure to upgrade, integrate, or renew technology and licensing agreements may impair business efficiency and competitiveness.

WeWork India shares made a flat stock market debut on the stock exchanges on October 10. The Rs 3,000-crore IPO of the co-working space operator sailed through on the last day of the bidding, getting 1.15 times subscription, mainly led by institutional buyers between October 3-7. Shares of WeWork India Management Ltd were listed at Rs 650 per share on the NSE, a premium of 0.31 percent. The issue had a price band of Rs 615-648 per share. (Read More)

LG Electronics India operates in two main segments: home appliances and air solutions, and home entertainment. The company has established itself as the market leader in major home appliances and consumer electronics, excluding mobile phones.

The price band for the IPO has been set at Rs 1,080 to Rs 1,140 per share. The issue is managed by Morgan Stanley India Co., JPMorgan India Pvt., Axis Capital Ltd., BofA Securities India Ltd., and Citigroup Global Markets India Pvt., with Kfin Technologies Ltd. serving as the registrar.

The IPO is entirely an offer-for-sale, comprising up to 10,18,15,859 equity shares (over 10 crore shares) at a face value of Rs 10 per share. The South Korean parent, LG Electronics Inc., will offload all 10.2 crore shares through this offering. Notably, there is no fresh issue component in the IPO.

Following the finalisation of the IPO allotment status, LG Electronics India Ltd. will begin refunds and share transfers to investors' Demat accounts on October 13.

The company's shares are tentatively scheduled to be listed on the BSE and NSE on Tuesday, October 14.

Initial public offerings in India could raise as much as $20 billion over the next 12 months, helping the country to cement its position as one of the world’s busiest listings markets, according to Citigroup Inc. IPOs have already fetched $12 billion in India this year, with another $5 billion set to be added this month alone thanks in part to Tata Capital Ltd. and LG Electronics Inc.’s Indian arm, which both start trading next week. “India is likely to be the world’s most active ECM market along with Hong Kong over the next year,” said Harish Raman, Citi’s head of equity capital markets execution and solutions for Asia Pacific. (Read More)

Visit the IPO allotment status page on KFinTech: https://ipostatus.kfintech.com/

From the IPO dropdown menu, select 'LG Electronics India Ltd.'

Choose your input option: PAN, Application Number, or Demat Account

Enter the corresponding details based on your selection

Complete the Captcha verification and click 'Submit' to view your allotment status

Open the BSE IPO allotment page: https://www.bseindia.com/investors/appli_check.aspx

Select 'Equity' as the issue type.

Choose 'LG Electronics India Ltd.' from the dropdown menu.

Enter either your PAN or Application Number.

Complete the Captcha verification.

Click 'Search' to view your IPO allotment status.

Visit the NSE IPO allotment page: https://www.nseindia.com/invest/check-trades-bids-verify-ipo-bids

Select 'Equity & SME IPO bid details' from the available options.

Choose 'LGEINDIA' from the dropdown list of issue symbols.

Enter your PAN and Application Number.

Click 'Submit' to view your IPO allotment status.

Several brokerages, including SBI Securities, Geojit, Elara, Choice, and Anand Rathi, have recommended investors to 'subscribe' or even 'must subscribe' to LG Electronics India's public issue. Analysts highlight that the company, a market leader with premium margins and a robust balance sheet, is being offered at roughly half the valuation of its peers-making it an opportunity the market is unlikely to overlook.

LG Electronics India boasts one of the most extensive operating structures in the industry. The company has an annual production capacity of 1.45 crore units across its Noida and Pune plants, operating at around 84 percent utilisation, according to Anand Rathi. It also maintains the largest distribution and service network in the sector, with over 35,000 B2C touchpoints, 1,006 service centres, and a 13,000-strong technical team.

The company's revenue mix-approximately 75 percent from home appliances and air solutions and 25 percent from home entertainment-highlights its wide category presence. LG leads the offline market in washing machines (33.5 percent), refrigerators (29.9 percent), panel televisions (27.5 percent), inverter air-conditioners (20.6 percent), and microwaves (51.4 percent). Analysts note that this market dominance, combined with premium positioning, underpins its margin advantage and operational resilience.

Despite its scale, profitability, and superior returns compared with peers, LG Electronics India is listing at 35x FY25 earnings-a steep discount to the sector's 60x average. For investors, the IPO offers exposure to India's largest consumer-durables brand with visible earnings growth and low financial risk. (Read More)

LG Electronics India Ltd’s Rs 11,607-crore initial public offering has drawn unusual unanimity from analysts for one simple reason -- attractive valuation. Despite its dominance across India’s consumer-durables categories, superior profitability metrics and industry-leading margins, the company is seeking to list at a clear discount to peers such as Havells India, Blue Star and Voltas. (Read More)

TCS, Tata Elxsi, Natco Pharma, WeWork, Afcons Infra, Lloyds Engineering, NTPC Green Energy, 5Paisa Capital in focus on 10 October (Read More)

The record was previously held by Bajaj Housing Finance, whose Rs 6,560-crore IPO in September 2024 had attracted total bids worth Rs 3.24 lakh crore. Before that, Coal India's 2010 IPO saw bids of Rs 2.36 lakh crore, while Tata Technologies' November 2023 issue received bids of Rs 1.56 lakh crore. Premier Energies' 2024 IPO had also drawn significant investor interest with bids amounting to Rs 1.48 lakh crore.

Once the allotment is finalised, investors can verify their LG Electronics IPO allotment status on the official websites of BSE, NSE, or through the registrar KFin Technologies Ltd.

Qualified Institutional Buyers (QIBs) drove the strong response, subscribing 166 times their reserved quota by bidding for 3,38,36,21,748 shares against 2,03,21,026 shares available for them.

According to BSE data, the IPO received bids for more than 385 crore shares against 7.13 crore shares on offer, translating into a total bid value of about Rs 4.4 lakh crore. This makes it the most subscribed IPO in India by value.

LG Electronics made history by becoming the first IPO in India to surpass Rs 4 lakh crore in total subscription value, reflecting the immense enthusiasm among institutional and retail investors.

The three-day public issue saw robust participation from all investor segments, resulting in an overall subscription of 54.02 times by the end of the final bidding day.

The history-making IPO by LG Electronics India Ltd is expected to finalise its share allotment today, October 10, following a record-breaking investor response. The issue created a stir in the market with its massive oversubscription across categories.