LG Electronics India IPO Frenzy: Grey Market Hints at 22% Surge as Local Arm Outshines Global Parent
LG Electronics India’s ₹11,607 crore IPO opens October 7–9, 2025, with shares priced at ₹1,080–₹1,140 and listing set for October 14. Grey market trades suggest a ₹250 premium over the issue price. The company leads India’s home appliances market, reporting FY25 revenue of ₹24,367 crore and profit of ₹2,203 crore. At the upper price band, valuation stands at 35–38 times FY25 earnings.
