LG Electronics IPO GMP, Open Date, Price Band, Allotment Status, DRHP

  • 07-Dec-2024
  • 2 mins read
LG Electronics IPO GMP

LG Electronics IPO GMP, Open Date, Allotment Status, DRHP

LG Electronics IPO open date is expected by the first week of March 2025. This new IPO is a book-built issue of Rs 15,000 crores. This upcoming IPO is entirely an offer-for-sale and likely to offload 101 million equity shares. In this new IPO no fresh issue component is available.

LG Electronics IPO price band expected to be around Rs 265. As of now, LG Electronics IPO GMP quotation has not yet started. Recently, LG Electronics India filed a DRHP with SEBI which might take 3 months to get approval and launch of an IPO.

LG Electronics IPO allotment status expected in the first week of March 2025. The lot size details are yet to be announced. The minimum investment for the retail investors for 1 lot is expected to be around Rs 14,850.

The registrar for LG Electronics IPO is Kfin Technologies Limited. The listing date is also expected in the second week of March 2025.

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LG Electronics IPO GMP

LG Electronics IPO GMP quotation is not yet started. The grey market premium quotation indicates huge interest of retail investors. You can check the latest GMP price online from the first day of subscription. If the subscription got oversubscribed then LG Electronics IPO GMP might rise in the coming days.

LG Electronics IPO Price Band

LG Electronics IPO price band expected is around Rs 265 per share. The final price band and lot size details are yet to be finalised. The minimum amount of investment for the retail category is to be around Rs 14,850 and for small NII minimum investment is to be around Rs 2,09,272. The minimum investment for the Big NII is to be around Rs 10,01,516.

LG Electronics IPO Open Date, Close Date

LG Electronics IPO open date is expected by the first week of March 2025. However, these dates are tentative as per the information available from the market sources and can be changed in future.

LG Electronics IPO Allotment Status

LG Electronics IPO allotment status is expected to be finalized in the first week of March 2025. The listing will be on the BSE and NSE platforms in the second week of March 2025. The registrar of this IPO is Kfin Technologies Limited. Investors can check their allotment status after the subscription of the IPO ends.

LG Electronics IPO Listing Date

LG Electronics IPO's listing date is expected in the second week of March 2025. The Listing will be on both the NSE and BSE exchanges. Retail investors can sell the shares after 10 AM on the listing day.

LG Electronics IPO: Listing Date, Lot Size, Price Band

IPO Date

First week of March 2025 (expected)

Listing Date

Second week of March 2025 (expected)

Face Value

Rs 10 per share

Price Band

Rs 265 per share (expected)

Lot Size

Yet to be announced

Total Issue Size

Rs 15,000 crore

Fresh Issue

Rs 0

Offer for Sale

Rs 15,000 crore

Issue Type

Book Built Issue IPO

Listing At

BSE, NSE

LG Electronics IPO  Limited: About the Company

LG Electronics IPO GMP

LG Electronics India is a subsidiary of LG Electronics South Korean company. It was operating in India from 1997. LG is a famous consumer electronics brand known for its innovative and good quality products.

LG offers many products like latest model Smart LED TV, Home appliances, Air Conditioners, Washing machines, Refrigerators and smartphones.

LG  Electronics India uses advanced technology, energy efficient and eco-friendly products. It caters to diverse consumer needs. The company has a large distribution network, after sales services and localised manufacturing plant. It has emerged as a reliable brand in the Indian Markets. LG continues to innovate, expand and focus on customer satisfaction.

LG Electronics IPO Objectives

The funds raised from the LG Electronics IPO will go directly to the selling shareholders. As this IPO is completely an offer-for-sale. So, no funds will be received by the company.

LG Electronics IPO: Key Dates, Allotment, Listing Date

IPO Open Date

First week of March 2025 (Expected)

IPO Close Date

First week of March 2025 (Expected)

Basis of Allotment

Yet to be announced

Initiation of Refunds

Yet to be announced

Credit of Shares to Demat

Yet to be announced

Listing Date

Yet to be announced

Cut-off time for UPI mandate

Yet to be announced

LG Electronics IPO Subscription Status, IPO Reservation

LG Electronics IPO subscription status will be available after the IPO opens in the first week of March 2025. In the QIB category 75% of the net offer is reserved. The remaining 10% is reserved for the retail investors and 15% is for Non-Institutional investors.

LG Electronics IPO Lot Size Details

LG Electronics IPO lot size is yet to be announced. For retail, the minimum lot size is 1 lot, amounting to around Rs 14,850 and the maximum is 13 lots, amounting to be around Rs 1,94,324. For small HNI, the minimum lot size is 14, amounting to be around Rs 2,09,272.

LG Electronics IPO Promoter Holdings

LG Electronics India IPO promoters are South Korean company LG Electronics. The promoters' shareholdings before the IPO were x%; however, after the IPO, shareholdings will decline.

LG Electronics IPO Registrar

LG Electronics IPO registrar is Kfin Technologies Limited. On the date of allotment, Investors can click on the registrar website and select the name of the company and enter PAN number or application ID to know their allotment status.

LG Electronics IPO Lead Managers

LG Electronics IPO lead managers are Morgan Stanley India, JP Morgan India, Axis Capital, BOFA Securities India, Citigroup Global Markets.

How to apply to LG Electronics IPO

Interested investors can apply to the LG Electronics IPO directly from the Bigul trading app and you can also apply by clicking here. Investors can also check the details of other upcoming IPO in Bigul.

LG Electronics IPO Review

LG Electronics IPO may get a positive response from the general public. The company is involved in the white goods consumer product business. So, investors interested in the consumer goods sector can apply to this IPO.

This upcoming IPO is expected to witness an oversubscription in the last bidding date. Moreover, if the IPO gets a positive response then LG Electronics IPO GMP will also rise.

LG Electronics IPO FAQ

1. What are the details of the LG Electronics IPO?

LG Electronics IPO is a book-built issue of Rs 15,000 crores. This upcoming IPO is entirely an offer-for-sale and likely to offload 101 million equity shares. In this new IPO no fresh issue component is available.

2. When will the LG Electronics IPO open and close?

LG Electronics IPO open date is expected by the first week of March 2025. However, these dates are tentative as per the information available from the market sources and can be changed in future.

3. What is LG Electronics IPO GMP?

LG Electronics IPO GMP quotation is not yet started. The grey market premium quotation indicates huge interest of retail investors. You can check the latest GMP price online from the first day of subscription. If the subscription got oversubscribed then LG Electronics IPO GMP might rise in the coming days.

4. What are the details of LG Electronics IPO Subscription Status?

LG Electronics IPO subscription status will be available after the IPO opens in the first week of March 2025. In the QIB category 75% of the net offer is reserved. The remaining 10% is reserved for the retail investors and 15% is for Non-Institutional investors.

5. Write the details of the IPO Allotment Status?

LG Electronics IPO allotment status is expected to be finalized in the first week of March 2025. The listing will be on the BSE and NSE platforms in the second week of March 2025. The registrar of this IPO is Kfin Technologies Limited. Investors can check their allotment status after the subscription of the IPO ends.

6. Who is the registrar and lead managers for LG Electronics IPO?

LG Electronics IPO registrar is Kfin Technologies Limited. On the date of allotment, Investors can click on the registrar's website and select the name of the company and enter PAN number or application ID to know their allotment status.

The lead managers are Morgan Stanley India, JP Morgan India, Axis Capital, BOFA Securities India, Citigroup Global Markets.

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