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News Topical, Digital Desk : Today, October 9th, is the final day of LG Electronics' IPO ( LG Electronics IPO Day 3 ). In just two days, the IPO has been subscribed 3.33 times. A total of 71,334,320 shares are on offer in the IPO, and the company has received applications for 23,7394,573 shares.
LG Electronics IPO GMP
In terms of the gray market premium (GMP), LG Electronics' GMP is currently trading at ₹300, up from ₹298 yesterday morning. The company's IPO shares are priced in the range of ₹1,080-₹1,140. If the final IPO price is set at ₹1,040, then based on the current GMP, its listing could be at a premium of over 26%.
What is the lot size?
The lot size for LG Electronics' IPO is 13 shares. This means that a minimum of 13 shares and multiples of that amount are available for application. All proceeds from the IPO will go to the promoters of LG Electronics India, as this is an offer-for-sale issue.
LG Electronics currently operates two manufacturing units in Noida and Pune, with a total capacity of 14.5 million units annually and an overall capacity utilization rate of approximately 77% for FY2025.
LG's financial results
LG's financial performance remained strong. Between FY23 and FY25, its revenue grew at a CAGR of 10.8%, while profit grew at a CAGR of 28%. Meanwhile, margins expanded by 320 basis points, with an EBITDA margin of 12.8% in FY25.
Read More: Why is the Tata Capital IPO not fully subscribed yet? Is this the real reason, not GMP?
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