LG Electronics India IPO Frenzy: Grey Market Hints at 22% Surge as Local Arm Outshines Global Parent
LG Electronics India’s maiden IPO will hit the capital markets on October 7, 2025, marking one of the largest stock listings of the year. The issue will remain open for subscription until October 9, and the stock is slated to debut on the NSE and BSE on October 14, 2025moneycontrol.com. The offering comprises 10.18 crore shares being sold by the promoter, LG Electronics Inc. of South Korea, via an Offer For Salemoneycontrol.com. With a price band set at ₹1,080–₹1,140 per share, the IPO is expected to raise about ₹11,607 crore at the upper endmoneycontrol.com. Notably, no new shares are being issued, so all proceeds will go to the parent company, and the listing’s primary objective is to provide a trading market for LG India’s sharesfinancialexpress.com. Post-issue, the Korean parent will retain an ~85% stake. The sheer size of the IPO underlines its significance. At ~$1.4 billion, it is one of 2025’s biggest IPOs and a milestone debut for a foreign multinational’s Indian subsidiaryfinancialexpress.com. In fact, it ranks as the second-largest offering by any Korean company in India, only behind Hyundai’s listingfinancialexpress.com. The timing coincides with a bustling week on Dalal Street that features several high-profile IPOs, collectively raising tens of