**LG Electronics India IPO: GMP Surges to ₹400 Amid Record Subscription**
*By Mudit Dube | Oct 13, 2025, 09:31 AM*
The shares of LG Electronics India are witnessing a significant surge in the Grey Market Premium (GMP). According to recent reports, the company’s shares are currently trading at a GMP of ₹395-₹400 against its issue price, marking a substantial increase from last week’s ₹250-₹300 range.
### Record-Breaking IPO Subscription
LG Electronics India, the Indian subsidiary of South Korean tech giant LG, has made history with its initial public offering (IPO), becoming the first IPO in India to surpass ₹4 lakh crore in total subscription value. The company’s ₹11,607 crore issue was fully subscribed on the very first day, receiving total bids for 385 crore shares against just 7.13 crore shares on offer.
This translates to an overall subscription rate of 54.02 times, far exceeding the previous record held by SBI Cards, which saw a 26x subscription over three days for its ₹10,354 crore IPO last year.
### Listing Details
LG Electronics India is set to be listed on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) on October 14, 2025. The entire issue was an offer-for-sale with a price band of ₹1,080 to ₹1,140 per share.
It’s important to note that the parent company, LG Electronics India, sold its stake through this IPO. Therefore, the Indian subsidiary will not be receiving any proceeds from the issue.
Investors and market watchers will be keenly observing LG Electronics India’s performance on the listing day, given the remarkable subscription figures and robust aftermarket sentiment reflected in the soaring GMP.
https://www.newsbytesapp.com/news/business/lg-electronics-ipo-gmp-surges-to-400-ahead-of-listing/story