LG Electronics India Ltd., a household name in consumer electronics, is making its public market debut with a blockbuster Initial Public Offering (IPO) scheduled for October 2025. This marks the second Indian listing by a South Korean company, following Hyundai Motors India, and is one of the largest IPOs of the year in the consumer durables sector.
🗓️ IPO Launch Date & Timeline
- Subscription Window: October 7–9, 2025
- Allotment Finalization: October 10, 2025
- Refunds/Credit to Demat: October 13, 2025
- Listing Date: October 14, 2025 (BSE & NSE)
💰 Price Band & Lot Size
- Price Band: ₹1,080 to ₹1,140 per share
- Lot Size: 13 shares
- Minimum Investment: ₹14,820 (at upper band)
📦 IPO Structure
- Total Issue Size: ₹11,607 crore
- Type: 100% Offer for Sale (OFS)
- Shares Offered: 10.18 crore equity shares
- Promoter Stake Post-IPO: Reduced to ~85%
This IPO is entirely an OFS by LG Electronics Inc., the South Korean parent company. No fresh capital will be raised by the Indian subsidiary, and all proceeds will go to the promoter.
📊 Financial Snapshot
- FY25 Revenue: ₹24,630 crore
- FY25 Net Profit: ₹2,203 crore
- Valuation: ₹77,400–₹80,000 crore
- Post-issue P/E Ratio: ~47x FY24 earnings
🏭 Business Overview
LG Electronics India is a market leader in home appliances and consumer electronics, with top positions in washing machines, refrigerators, air conditioners, and televisions. It operates two major manufacturing units in Noida and Pune, with a third under construction in Andhra Pradesh. The company boasts a vast distribution network of over 36,000 touchpoints and 1,000+ service centers across India.
🌐 Investor Buzz & GMP
The IPO has generated strong interest among institutional investors, with ₹3,475 crore raised from anchor investors including ADIA, Goldman Sachs, BlackRock, and SBI Mutual Fund. The Grey Market Premium (GMP) is currently around ₹146, indicating robust demand and positive sentiment24.
With its strong brand equity, expansive operations, and consistent financial performance, LG Electronics India’s IPO is poised to be a landmark event in the Indian equity market.
