The LG Electronics IPO minimum market lot is 13 shares with ₹14,820 application amount. The LG Electronics IPO is a Mainboard IPO, and it is to be listed on BSE, NSE.
LG Electronics, incorporated in 1997 is one of the leading home appliances and consumer electronics (other than mobile phones). LG Electronics has established itself as being number-one player in the industry for 13 years. The company’s portfolio consists of a diverse range of washing machines, refrigerators, panel televisions, inverter air conditioners, and microwaves. B2B and B2C are the consumers they sell their products to, they sell their products in India and outside of India.
The company offers complete services of its products, from installation, repairs, and maintenance services for a seamless experience. With approximately 27 years of experience in the business, they know how to earn trust and attract users by establishing innovative products and understanding the demands of their Indian consumers. Additionally, in 2014, they were the first ever company in India who launch inverter air conditioners, and in 2017 they 100% focused on offering inverter technology. As of June 30, 2024, the company consists of 949 service centers across urban and rural India backed by 12,590 engineers.
IPOWatch View
We recommend investors may apply for an IPO with Long-term Views. Investors should also look at the QIB, NII, and Retail numbers before investing.
LG Electronics IPO Subscription Status – Day 3
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 0.49 | 2.59 | 166.51 |
| NII | 2.31 | 7.60 | 22.44 |
| bNII | 2.05 | 7.35 | 24.68 |
| sNII | 2.83 | 8.10 | 17.98 |
| RII | 0.82 | 1.91 | 3.55 |
| Employees | 1.90 | 4.12 | 7.62 |
| Total | 1.05 | 3.33 | 54.02 |
LG Electronics IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
LG Electronics IPO Review
- May Apply for long term
LG Electronics IPO Form
How to apply for the LG Electronics IPO? You can apply for LG Electronics IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the LG Electronics IPO in the Invest section. The other option is you can apply for LG Electronics IPO via IPO forms downloaded online. Check out the lg-electronic-india forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.
