LG Electronics India IPO Opens Today; ₹3,475 Crore Raised from Anchors Ahead of ₹11,607 Crore Offer

Noida, Oct 7, 2025: The Initial Public Offering (IPO) of LG Electronics India has opened for subscription today, October 7. Investors who are interested in applying to the issue can apply using their Net Banking’s ASBA facility, or through a UPI mandate. The IPO will remain open till October 9, 2025. The allotment finalisation is expected on October 10, while the credit of shares and refund initiation are expected to happen on October 13. The shares will list on NSE and BSE tentatively on October 14, 2025.

LG Electronics India Limited IPO is engaged in the manufacturing and sale of home appliances and consumer electronics. It is the wholly owned subsidiary of LG Electronics Inc., South Korea. It was established in 1997 and is headquartered in Noida, Uttar Pradesh.

LG Electronics India IPO Issue Size of ₹11,607.01 Crore

The issue size of the IPO is ₹11,607.01 crore, comprising entirely an offer for sale of 10.18 crore shares aggregating to ₹11,607.01. The company has set a price band of ₹1,080 to ₹1,140 per share. The lot size for an application is 13 shares. The minimum investment required by a retail investor is ₹14,820 (13 shares) based on the upper price band.

Morgan Stanley India Co.Pvt.Ltd is the book-running lead manager, while Kfin Technologies Ltd. is the registrar of the issue.

LG Electronics India IPO Raised ₹3,474.95 Crore From 150 Anchor Investors

Ahead of the IPO, the company raised ₹3,474.95 crore from 150 anchor investors by allocating 3,04,81,539 equity shares at the upper price band of ₹1,140 per share. Key investors included SBI Consumption Opportunities Fund, SBI Large & Midcap Fund, ICICI Prudential Large & Midcap Fund, HDFC Mutual Fund – HDFC Midcap Fund, Kotak Mahindra Trustee Co. Ltd. – Business Cycle Fund, and Mirae Asset Great Consumer Fund. Furthermore, 26 domestic mutual funds through 84 schemes were allotted 14,893,492 shares, representing 48.9% of the anchor book.

LG Electronics India IPO Revenue At ₹24,366 Crore While PAT At ₹2,203.3 Crore

Revenue from operations increased from ₹19,868 crore in FY23 to ₹24,366 crore in FY25. Net profit also rose from ₹1,344.9 crore in FY23 to ₹2,203.3 crore in FY25. Earnings per share (EPS) grew from ₹19.81 to ₹32.46 during the same period. Net worth improved from ₹4,319.8 crore in FY23 to ₹5,933.7 crore in FY25. The growth was mostly driven by its core appliance segments such as refrigerators, washing machines, air conditioners, and televisions, which together made up over 90% of total sales.

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