LG Electronics IPO – Review
LG Electronics India Limited, a market leader in India in major home appliances and consumer electronics markets, is planning to raise ₹11,607 Crore through an IPO.
[Fresh Issue NIL + OFS ₹11,607 Cr]
LG Electronics share price is ₹1,080 – ₹1,140 per share
LG Electronics: History
The Company was originally incorporated as LG Electronics India Private Limited, a private limited company under the Companies Act, 1956, at New Delhi, India, on January 20, 1997.
The Company was then converted into a public limited company under a special resolution passed by the shareholders on November 11, 2024, and its name was changed to LG Electronics India Limited under a fresh certificate of incorporation issued by the RoC on December 03, 2024.
LAST ARTICLE – Tata capital ipo review
LG Electronics: Business
LG Electronics India Ltd. is the market leader in India in consumer electronics (excluding mobile phones) and major home appliances.
It is also a market leader in India across multiple product categories, including inverter air conditioners, panel televisions, refrigerators, washing machines, and microwaves (based on value market share in the offline channel), according to the Redseer Report.
The company sells products to B2C and B2B consumers in India and outside India, and also offers installation, repair, and maintenance services for all of its products.
The Company was founded in the year 1997 as a wholly owned subsidiary of “LG Electronics”, which, according to the Redseer Report, is the leading single-brand global home appliances company in terms of market share by revenue in CY ‘23.
Manufacturing Units
As of June 30, 2025, the company has two manufacturing units in Noida and Pune with a combined capacity of 14.51 million products.
Distribution Network
- The company has a presence in 54 countries across Asia, Africa, and Europe.
- It has the largest distribution network among leading consumer electronics brands and home appliances, with 35,640 B2C touchpoints and a robust after-sales service network comprising 1,006 service centers and 13,368 engineers across the country.
Strategies Ahead
- Build a solid foundation to capitalize long-term growth story in India.
- Maintain position as the most preferred brand in both volume and premium market segments for every Indian household.
- Diversify business model to create new consumer value.
Company Promoters
- LG Electronics Inc.
Refer to LG Electronics IPO DRHP for detailed information.
IPO Details
ipo date = 07 Oct – 09 Oct 2025
Minimum Amount = ₹14,820
Minimum Bid = 13 Shares
Face Value (FV) = ₹10
Listing On = NSE, BSE
Book Running Lead Managers
Morgan Stanley India
J.P. Morgan India
Axis Capital
BofA Securities
Citigroup Global Markets India
Financial
CONCLUSION
FinBlab recommends ‘SUBSCRIBE‘ ratings on LG Electronics IPO (keeping a long-term view in mind)
Do come back to know more about “upcoming ipos“
Disclaimer: The contents and data presented here are just for your information & personal use only. While much effort is made to provide the information, I ( Vishal Dalwadi ) or “FinBlab” do not guarantee the accuracy, correctness, completeness or reliability of any information or data displayed herein and shall not be held responsible.
