LG Electronics India Sets Price Band at ₹1,080-1,140 for ₹11,607 Cr IPO Ahead of Market Debut

Mumbai, 1 October 2025: LG Electronics India Ltd IPO, the Indian arm of South Korea’s LG conglomerate, has announced a price band of ₹1,080-1,140 per share for its upcoming ₹11,607 crore Initial Public Offering (IPO). At the upper end of the band, the company is valued at approximately ₹77,400 crore, highlighting significant market interest ahead of its listing.

LG Electronics IPO Schedule and 15% Stake Sale Structured to Boost Transparency

The IPO opens on 7 October and closes on 9 October, with anchor investors slated to participate on 6 October. The company plans to debut on stock exchanges on 14 October 2025, marking it as the second South Korean firm to list in India after Hyundai Motors India last year. The offering is a pure Offer-for-Sale (OFS) of 10.18 crore shares, representing a 15% stake sale by the parent company, meaning proceeds will flow directly to LG Electronics South Korea, not to the Indian subsidiary. This structure ensures clarity in fund utilisation and strengthens transparency for market participants.

LG Electronics IPO India’s Expansive Portfolio Drives Strong Market Presence

Headquartered in India, LG Electronics India operates in the consumer electronics and home appliances sector, with products ranging from refrigerators, washing machines, and LED TV panels to inverter air conditioners and microwaves. The company caters to both B2C and B2B customers, offering installation, repair, and maintenance services across India and overseas. Its manufacturing facilities in Noida, Uttar Pradesh, and Pune, Maharashtra, support both domestic sales and export requirements, enhancing its operational efficiency and market reach.

LG Electronics IPO Revenue Growth to ₹64,087.97 Cr in FY24 Reflects Expanding Operations

For the financial year ended 31 March 2024, LG Electronics India reported revenue from operations of ₹64,087.97 crore, demonstrating robust growth compared to previous years. The expansion of manufacturing capabilities and a diversified product range has contributed to higher operational turnover, while its strategic focus on after-sales services has strengthened customer loyalty and brand positioning across competitive markets.

LG Electronics IPO Allocation: Balancing Institutional and Retail Participation

The IPO allocation ensures a broad-based subscription: 50% for Qualified Institutional Buyers (QIBs), 35% for retail investors, and 15% for Non-Institutional Investors (NIIs). The process is overseen by top-tier book-running lead managers including Morgan Stanley India, J P Morgan India, Axis Capital, BofA Securities India, and Citigroup Global Markets India, ensuring structured execution and market compliance. This allocation strategy aims to balance investor participation and maintain orderly subscription dynamics.

LG Electronics India’s IPO represents a significant milestone in the expansion of South Korean firms in India, underpinned by a strong operational footprint, diversified product portfolio, and clear OFS structure. The defined price band, structured allocation, and scheduled listing timeline offer transparency and clarity on ownership transition and market introduction.

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