LG Electronics India IPO: How to check the allotment status? Listing date, refunds & more
South Korean electronics giant LG’s Indian subsidiary is all set to finalise share allotment for its Initial Public Offer (IPO) on October 10, after receiving a strong response from investors. Those you applied for the IPO can check the allotment status by visiting the BSE/NSE or the website of the registrar, KFin Technologies Limited.
LGEINDIA IPO
Bids:
The issue was oversubscribed over 54 times, marking the highest subscription for 2025 so far. It also recorded the second-highest number of bids among IPOs raising over Rs 10,000 crore, after Reliance Power’s mega issue in 2008.Allotment checking: Investors who applied for shares can check their allotment on the BSE website or through the IPO registrar, Kfin Technologies Ltd.Refunds and listing: Refunds and credit of shares to the demat accounts will be initiated on Monday, October 13, according to ET. The entity is set to enter the stock market on October 14.Subscription breakup (times):
- Qualified Institutional Buyers (QIBs): 166.51
- Non-Institutional Investors: 22.45
- Retail Individual Investors (RIIs): 3.55
- Employees: 7.62
Here is how to check the allotment status on NSE:
- Go to the National Stock Exchange’s IPO allotment verification status web page.
- Choose the “Equity & SME IPO bid details” and select the “LGEINDIA” in the Select Symbol option.
- Enter your Pan, application details and click submit.
How to check allotment status on Kfin Technologies:
- Visit the Kfin Technologies IPO allotment status page.
- Click on any of the available links.
- In Select IPO, choose LG India IPO.
- Enter one of the following details: PAN, application number, demat account number
- Fill in the captcha and click Submit to view your allotment status.
Performance
In the financial year 2025, LG Electronics India posted strong results, with revenue rising 14% year-on-year to Rs 24,631 crore and profit after tax jumping 46% to Rs 2,203 crore. The company maintained an EBITDA margin of 12.8% and a PAT margin of 9%, remained debt-free, and showed a robust financial profile with a return on capital employed (ROCE) of 43% and return on equity (ROE) of 37%.Shares of LG Electronics India are trading at a grey market premium of Rs 355–360. With the IPO price band set at Rs 1,080 to Rs 1,140, the listing price is projected around Rs 1,500, suggesting potential gains of roughly 32% per share.The Rs 11,607-crore IPO received bids for 3,85,33,26,672 shares against 7,13,34,320 shares on offer, according to NSE data. At the upper price band, the company’s valuation stands at approximately Rs 77,400 crore.LG India becomes the second South Korean firm to enter the Indian stock market, following Hyundai Motors India Ltd, which listed last October.
