LG Electronics India IPO allotment status finalised: Step-by-step guide to check online on NSE, BSE, KFin Technologies; listing date, time inside

LG Electronics India IPO allotment link active: The suspense has finally ended as the share allotment of major home appliances and consumer electronics manufacturer LG Electronics India Ltd has been finalised. Investors who applied for the IPO can head to the websites of the registrar, KFin Technologies, the BSE and the NSE to view bid finalisation details.

The initial share sale was subscribed a whopping 54.02 times, receiving bids for 3,85,34,64,056 shares against 7,13,34,320 equity shares on offer, according to data from the stock exchanges.

The issue was only an offer for sale of 101,815,859 shares amounting to ₹11,607.01 crore by South Korean parent LG Electronics Inc. The company will not get any IPO proceeds, as there is no fresh issue component.

LG Electronics India is a leading home appliance and consumer electronics player, offering a wide portfolio of products like washing machines, panel televisions, inverter air conditioners and microwaves. It also provides repair, installation and maintenance services for all its products.

Citigroup Global Markets India, Axis Capital, J.P. Morgan India, BofA Securities India and Morgan Stanley India Company were the book-running lead managers to the offering.

Steps to check LG Electronics India IPO allotment status online on NSE

• Click on this link: https://www.nseindia.com/invest/check-trades-bids-verify-ipo-bids
• Select the ‘Equity & SME IPO bid details’ option
• From the 'Select Symbol' list, pick 'LGEINDIA'
• Mention mandatory details like PAN and application number
• Click on the 'Submit' button

How to check LG Electronics India IPO allotment status online on KFin Technologies

• Visit registrar KFin Technologies' IPO page: https://ipostatus.kfintech.com/
• Click on ‘LG Electronics India Limited’ from IPOs
• Fill in Demat account number, PAN, or IPO application number
• To view status, press the ‘Submit’ button

LG Electronics India IPO allotment status online on BSE; step-by-step guide

• Visit BSE's public offer tab: https://bseindia.com/investors/appli_check.aspx
• Keep ‘Equity’ as the issue type
• Choose ‘LG Electronics India Limited’ from the list of IPOs
• Add application number or Permanent Account Number (PAN) details
• Hit the ‘Search’ button

LG Electronics India IPO listing date and time

LG Electronics India IPO's shares will be listed on the BSE and the NSE on Tuesday, October 14, at 10 am.

LG Electronics India IPO GMP

According to investorgain.com and media reports, LG Electronics India Ltd's unlisted shares of LG Electronics India are trading at ₹1,540, reflecting a grey market premium of 35.09% or ₹400 over the upper price band of ₹1,140.