- The company will launch its IPO anchor book on Monday, October 6
- Investors can apply for the IPO in lots of 13 shares each
- A discount of Rs 108 per Equity Share is being offered to eligible employees bidding in the employee reservation portion
NE BUSINESS BUREAU
AHMEDABAD, OCT 5
LG Electronics India Ltd., a leading name in home appliances and consumer electronics, is set to open its Initial Public Offering (IPO) on Tuesday, October 7, 2025. The subscription window will remain open until Thursday, October 9, 2025. This IPO has been eagerly awaited by investors.
Investors can apply for the IPO in lots of 13 shares each. A discount of Rs 108 per Equity Share is being offered to eligible employees bidding in the employee reservation portion.
Price Band and Issue Size
The company has fixed the IPO price band between Rs 1,080 and Rs 1,140 per share. LG Electronics aims to raise approximately Rs 11,607.01 crore through this issue. The parent company, Korea-based promoter LG Electronics Inc, will be offloading up to 10,18,15,859 equity shares via offer-for-sale with no fresh issue component.
Share reservation
LG Electronics India has reserved 2,10,278 equity shares for its eligible employees. Of the net issue, 50 per cent shares are reserved for qualified institutional bidders (QIBs), 35 per cent for retail investors and remaining 15 per cent for non-institutional investors of the issue.
Company financials
The company has reported net profit at Rs 2,203.3 crore for the year ended March 2025, growing 45.8 percent compared to Rs 1,511 crore in previous fiscal 2024. Revenue during the same period soared 14.1 percent to Rs 24,366.6 crore, up from Rs 21,352 crore.
The company’s market capitalization stood at Rs 77,380.05 crore. Over the last three years, LG Electronics has consistently grown its revenue and profit, boosting investor confidence.
Company profiles
Noida-based LG Electronics, backed by strong parentage, claims the number one player in major home appliances and consumer electronics (excluding mobile phones) in India for the six months ended June 2025 as per the market share (in terms of value) in the offline channel, according to the Redseer Report. It offers multiple products including washing machines, refrigerators, panel televisions, inverter air conditioners, and microwaves.
From the horse’s mouth
“We are proud supporters of the Government of India’s Make-in-India initiative. We are expanding local sourcing of raw materials and components, accelerating the use of automation and renewable energy such as solar power, and establishing our third manufacturing plant in Sri City, Andhra Pradesh,” said Hong Ju Jeon, Managing Director, LG Electronics India Ltd.
Listing and lead managers
The company’s shares are expected to list on BSE and NSE.
KFin Technologies Ltd. has been appointed as the IPO registrar.
The merchant bankers managing the LG Electronics IPO are Axis Capital, Citigroup Global Markets India, Morgan Stanley India Company, JP Morgan India and BofA Securities India.
