In 2025, India’s IPO market continues to witness participation from large corporates, reflecting investor confidence and robust secondary market activity. Among these, LG Electronics India Ltd. stands out as a leading player in the home appliances and consumer electronics industry, offering both B2C and B2B solutions. The company is set to open its IPO on October 7, 2025, providing investors with an opportunity to invest in a well-established brand with a strong domestic and international presence.
About LG Electronics India Ltd.
Incorporated in 1997, LG Electronics India Ltd. manufactures and distributes home appliances, air solutions, and home entertainment products (excluding mobile phones). Its products are sold across India and internationally, backed by installation, repair, and maintenance services.
The company operates two advanced manufacturing units in Noida and Pune, two central distribution centres, 23 regional distribution centres, 51 branch offices, and a pan-India supply chain network. Additionally, LG Electronics India supports 1,006 service centres, staffed by 13,368 engineers and four call centres. As of June 30, 2025, the company has 3,796 employees.
Brand Philosophy: “Life’s Good When We Do Good”
Competitive Strengths:
- #1 market share across key home appliances and consumer electronics segments in India
- Innovative technology tailored to Indian consumers
- Pan-India distribution and after-sales network enhancing consumer experience
- Operational efficiency through strong manufacturing and localised supply chain
- Backing of LG Electronics Inc., a leading global home appliances player
- High growth and capital-efficient business model
LG Electronics India Ltd. IPO Details
The LG Electronics IPO is a book-building issue of ₹11,607.01 crore, entirely an offer for sale of 10.18 crore shares. It will be listed on the BSE and NSE.
IPO Timeline:
| Event | Date (Tentative) |
| IPO Open Date | Oct 7, 2025 |
| IPO Close Date | Oct 9, 2025 |
| Tentative Allotment | Oct 10, 2025 |
| Initiation of Refunds | Oct 13, 2025 |
| Credit of Shares to Demat | Oct 13, 2025 |
| Tentative Listing Date | Oct 14, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on Oct 9, 2025 |
Key IPO Details:
| Parameter | Details |
| Face Value | ₹10 per share |
| Issue Price Band | ₹1,080 – ₹1,140 per share |
| Lot Size | 13 shares |
| Total Issue Size | 10.18 crore shares (₹11,607.01 Cr) |
| Employee Discount | ₹108 per share |
| Issue Type | Bookbuilding IPO (Offer for Sale) |
| Shareholding Pre-Issue | 67.88 crore shares |
| Shareholding Post-Issue | 67.88 crore shares |
Investor Category Reservation:
- QIB: Not more than 50% of the offer
- Retail: Not less than 35% of the offer
- NII: Not less than 15% of the offer
Lot Size & Investment:
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 13 | ₹14,820 |
| Retail (Max) | 13 | 169 | ₹1,92,660 |
| S-HNI (Min) | 14 | 182 | ₹2,07,480 |
| S-HNI (Max) | 67 | 871 | ₹9,92,940 |
| B-HNI (Min) | 68 | 884 | ₹10,07,760 |
Promoter Holding:
- Promoter: LG Electronics Inc.
- Pre-IPO: 100%
- Post-IPO: 85%
Book Running Lead Manager: Morgan Stanley India Co. Pvt. Ltd.
Registrar: Kfin Technologies Ltd.
LG Electronics India Ltd.: Financials
Financial Highlights (₹ Crore):
| Period Ended | 30 Jun 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
| Assets | 11,516.44 | 11,517.15 | 8,498.44 | 8,992.12 |
| Total Income | 6,337.36 | 24,630.63 | 21,557.12 | 20,108.58 |
| Profit After Tax | 513.26 | 2,203.35 | 1,511.07 | 1,344.93 |
| EBITDA | 716.27 | 3,110.12 | 2,224.87 | 1,895.12 |
| Net Worth | 6,447.85 | 5,933.75 | 3,735.82 | 4,319.82 |
| Reserves & Surplus | 5,805.50 | 5,291.40 | 3,659.12 | 4,243.12 |
| Total Borrowing | 0.00 | 0.00 | 0.00 | 0.00 |
Key Performance Indicators (KPI):
- Market Cap: ₹77,380.05 Cr
- ROCE: 42.91%
- RoNW: 37.13%
- PAT Margin: 8.95%
- EBITDA Margin: 12.76%
- Price to Book Value: 13.04
- EPS Pre-IPO: ₹32.46 | Post-IPO: ₹30.25
- P/E Pre-IPO: 35.12x | Post-IPO: 37.69x
Objects of the Issue
The IPO is an Offer for Sale, so proceeds will go to the selling shareholder (LG Electronics Inc.), and no fresh capital will be raised by the company.
Industry Outlook
The home appliances and consumer electronics market in India is experiencing steady growth due to:
- Rising urbanisation and disposable incomes
- Increasing demand for smart and energy-efficient appliances
- Strong after-sales support and distribution network, enhancing brand loyalty
- Global brand recognition and technological innovation
LG Electronics India is well-positioned in the electronics sector to capitalise on these trends given its leading market share, brand trust, and operational efficiency.
Conclusion
LG Electronics India Ltd. IPO presents an opportunity to invest in a dominant player in home appliances and consumer electronics. With strong financials, extensive distribution and service network, and backing of a global parent, the IPO is appealing for long-term investors seeking exposure to a large-cap, high-growth sector. However, investors should consider market risks, currency fluctuations, and competitive pressures from other domestic and international players.
If you are exploring more investment opportunities, check out our dedicated page on upcoming IPO listings to stay updated on the latest market offerings.
