LG Electronics has created a buzz with its much-awaited Indian unit IPO. The company aims for a massive valuation of $8.7 billion (over ₹77,000 crore). The electronics giant plans to raise up to ₹11,607.01 crores by selling 10.18 crore shares through an offer-for-sale structure.
Our team has really looked into LG Electronics’ IPO details and found some key points you should know. The company’s share price band sits between ₹1,080 and ₹1,140 per share. Investors can subscribe to the IPO from October 7 to October 9, 2025. Retail investors need ₹14,820 minimum to buy 13 shares at the upper price. The company’s price-to-earnings ratio ranges from 33.27 to 35.12 times its diluted EPS for FY2025. Many analysts find these levels attractive.
Let’s take a closer look at LG Electronics India’s IPO valuation. We’ll get into its business model and financial performance. Our complete analysis will compare the company with industry peers to help you make a smart investment choice.
IPO Structure and Key Details
LG Electronics India’s IPO stands as one of the biggest public offerings in India’s capital markets for 2025. Here’s a detailed breakdown of its structure and key dates.
IPO size, price band, and offer type
The IPO comprises 10,18,15,859 equity shares with a face value of ₹10 each. This pure Offer for Sale (OFS) structure means LG Electronics Inc. will receive the entire ₹11,607 crore raised, as no fresh capital will be issued. The Indian subsidiary won’t get any funds from this offering
The price band ranges between ₹1,080 and ₹1,140 per share. LG Electronics India’s post-IPO market capitalization will reach about ₹77,820 crore ($8.7 billion) at the upper end of this range.
Lot size and minimum investment
Retail investors need to buy a minimum lot of 13 shares, which means investing ₹14,820 at the upper price band. They can apply for up to 13 lots (169 shares), which comes to ₹1,92,660. The company will give eligible employees a discount of ₹108 per share.
Retail, QIB, and NII reservation breakdown
The IPO allocation follows this pattern:
- Qualified Institutional Buyers (QIBs): Not more than 50% of the offer
- Non-Institutional Investors (NIIs): Not less than 15% of the offer
- Retail Investors: Not less than 35% of the offer
The company has also set aside up to 2,10,728 shares for eligible employees.
Anchor investor participation and timeline
Anchor investor bidding starts on October 6, 2025, a day before public subscription begins. Here’s the complete schedule:
- IPO Opening: October 7, 2025
- IPO Closing: October 9, 2025 (5 PM cut-off time for UPI mandates)
- Basis of Allotment: October 10, 2025
- Refund Initiation: October 13, 2025
- Credit of Shares to Demat Account: October 13, 2025
- Listing Date: October 14, 2025 on both NSE and BSE
The anchor investor lock-in period ends after 30 days for 50% of the shares (November 9, 2025) and after 90 days for the remaining portion (January 8, 2026).
Business Overview of LG Electronics India
LG Electronics India, a 26-year old wholly-owned subsidiary of South Korea’s LG Electronics Inc., started operations in January 1997. The brand has grown into one of India’s leading consumer electronics names over the last several years.
Two main business segments drive LG Electronics India’s operations. The Home Appliances & Air Solutions division brings in 73.4% of revenue, while Home Entertainment generates 26.6%. Their product lineup includes refrigerators, washing machines, air conditioners, televisions, microwave ovens, water purifiers, and audio-visual equipment. The company’s revenue streams stay steady through installation services, repairs, and yearly maintenance contracts.
Manufacturing and distribution footprint
Two advanced manufacturing facilities in Greater Noida and Ranjangaon (Pune) showcase LG’s production strength. These plants have a combined capacity of 14.51 million units and run at 77% utilization in FY2025. The facilities produce many crucial components like compressors and motors in-house. LG Electronics India plans to invest ₹5,001 crore in a third plant at Sri City, Andhra Pradesh. This facility should start production by November 2026.
Market share and competitive positioning
LG Electronics India leads India’s home appliances and consumer electronics market. The company has held the top spot for four straight years through H1 CY2025. Their market dominance shows in impressive numbers across products. They hold 33.5% in washing machines, 29.9% in refrigerators, 27.5% in panel televisions, and 51.4% in microwaves. These figures come from offline channels, which make up about 78% of India’s consumer electronics market.
Parent company support and brand strength
The global LG brand connection gives great support and recognition. Their parent company helps with technology transfer, R&D capabilities, and global supply chain access. LG’s brand power shows in its ranking among Interbrand’s Top 100 Global Brands in 2024. The company’s strong market position reflects in its selection as the “Most Attractive Brand” in a consumer study across 16 Indian cities.
Financial Performance and Key Metrics
LG Electronics India’s exceptional performance in key metrics makes this IPO an attractive opportunity for investors.
Revenue and profit growth trends
The company’s revenue showed consistent growth from ₹19,865 crore in FY23 to ₹21,352 crore in FY24, marking a healthy 7.5% year-on-year increase. Revenue reached ₹24,367 crore in FY25, which established a solid 10.8% CAGR during this period. The strong performance continues with Q1 FY26 revenue at ₹6,796 crore.
EBITDA, PAT, and net worth