Tech’s IPO party peaked: LG Electronics India’s ₹11,607 Cr offering closed at 34x subscribe, topping 2025’s mainboard charts and fueling a ₹30K Cr weekly haul with Tata Capital/WeWork. “Valuations met viral vibe,” says JM Financial’s analyst, as #LGIPO storms 2.5M X shares from Gen Z buyers.
Allotted Oct 10, it priced at ₹500-₹550, drawing 60% retail (vs. 2024’s 45%). Consumer durables AUM? LG’s AC/TV dominance eyes 15% market grab. Vs. Boat’s 2023 flop (5x), LG’s global cred shone—oversub amid U.S. ETF launches.
Table of Contents
Subscription Surge: Retail’s Record Role
Q3 primary market +40% YoY to ₹35K Cr; HNI 25% vs. QIPs’ 30%. Economic Times notes “limited secondary ops” drove bids. Comparisons: China’s tech IPOs -15% YTD; India’s +20% on Make-in-India.
Investor Echoes: Hype Hits Home
Retail tales: “₹10K bid, 2x lot win!” (50K likes). But volatility? Post-listing grey premium ₹25 (5% pop). Sebi’s Sholay video (viral 1M views) amps literacy.
Broader Board: Tata/WeWork Tailwinds
Tata’s ₹15K Cr eyes infra; WeWork’s flex-space rebound. Moody’s: “Robust fundamentals buffer shutdowns.”
Listing Lowdown
Track NSE debut Oct 15; diversify 20% durables.
- Subscribe Spectacle: 34x record; ₹11,607 Cr, 60% retail.
- Market Momentum: Q3 +40% to ₹35K Cr; vs. Boat’s 5x.
- Grey Glow: ₹25 premium; tech +20% YTD.