At the upper end of the price band, the IPO values LG Electronics India at approximately ₹77,400 crore (around $8.7 billion).
LG Electronics India is set to launch its Initial Public Offering (IPO) on October 7, 2025, aiming to raise ₹11,607 crore (approximately $1.38 billion).
The IPO will close on October 9, 2025, and is expected to list on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) on October 14, 2025.
The company has fixed the price band for the offering at ₹1,080 to ₹1,140 per equity share, each with a face value of ₹10. The issue comprises an offer for sale (OFS) of 10,18,15,859 equity shares by LG Electronics Inc., the South Korean parent company, representing a 15% stake in the Indian subsidiary.
No fresh capital will be raised by LG Electronics India through this IPO. The proceeds from the sale will go entirely to the selling shareholder, LG Electronics Inc.
At the upper end of the price band, the IPO values LG Electronics India at approximately ₹77,400 crore (around $8.7 billion).
This valuation positions the company as one of India’s leading consumer electronics firms. The IPO is expected to be among the largest in India in 2025, following Tata Capital’s ₹15,500 crore issue and HDB Financial Services’ ₹12,500 crore offering.
The company has reported a net profit of ₹513.26 crore and a revenue of ₹6,337.36 crore for the three months ended June 30, 2025. For the fiscal year ending March 31, 2025, LG Electronics India posted a net profit of ₹2,203.25 crore and revenue of ₹24,630.63 crore.
The IPO will be managed by a consortium of book-running lead managers, including Axis Capital, Citigroup Global Markets, Morgan Stanley India, JPMorgan, and BofA Securities. The registrar for the issue is Kfin Technologies Ltd.
Investors can apply for a minimum of 13 equity shares, with subsequent bids in multiples of 13. The allocation of shares will be as follows: 50% for Qualified Institutional Buyers (QIBs), 35% for Retail Individual Investors (RIIs), and 15% for Non-Institutional Investors (NIIs).
The finalization of share allotment is expected on October 10, 2025, with refunds initiated on October 13, 2025, and shares credited to demat accounts on the same day.
This IPO follows LG Electronics India’s announcement in May 2025 of a ₹600 million investment in a new manufacturing plant in Sri City, Andhra Pradesh. The facility, located near Chennai, is expected to create direct employment for 1,495 people and indirectly support 10,000 jobs. The plant is part of the company’s expansion plans in India as it prepares for the IPO.
With the IPO, LG Electronics India aims to enhance its presence in the Indian market and provide investors with an opportunity to participate in the growth of one of the country’s prominent consumer electronics companies.
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