LG Electronics India Ltd. opens its mainboard IPO on Oct 7–9, 2025 as a full Offer for Sale by the Korean parent, with a price band of ₹1,080–₹1,140 and a 13‑share lot; allotment is slated for Oct 10 and listing for Oct 14 on NSE and BSE. Below is a concise breakdown of key terms, business context, and how to check allotment.
Key IPO details
- Window: Oct 7–9, 2025; anchor on Oct 6.
- Price band: ₹1,080–₹1,140; face value ₹10; employee discount ₹108 per share.
- Size/structure: ₹11,607 crore at the upper band, 100% OFS of 10,18,15,859 shares by LG Electronics Inc.; no fresh issue.
- Lot size/min outlay: 13 shares; ~₹14,040–₹14,820 depending on bid; retail can apply up to 13 lots.
- Registrar/BRLMs: KFin Technologies registrar; BRLMs include Morgan Stanley, JP Morgan, Axis Capital, BofA, and Citi.
Business snapshot
- Category leader across core appliances and consumer electronics with nationwide distribution and service; manufacturing at Noida and Pune, with ongoing capex including Sri City.
- FY25 revenue ₹24,366.6 crore and PAT ₹2,203.3 crore; Q1 FY26 revenue ₹6,262.9 crore and PAT ₹513.3 crore.
How to apply and check allotment
- Apply via ASBA/UPI during Oct 7–9; approve mandates by 5 PM on closing day.
- Allotment: Oct 10; refunds/credit to demat: Oct 13; listing: Oct 14 at 10:00 AM on NSE/BSE.
- Allotment status: Use KFin’s IPO status page or BSE/NSE investor modules with PAN/Application/DP ID.
What to evaluate
- Pure OFS: No primary capital; consider how growth will be funded post‑listing.
- Benchmarks: Compare valuation to peers (Havells, Voltas, Whirlpool, Blue Star) on P/E, EV/EBITDA, ROCE, and margin profile.
- Seasonality and mix: Monitor AC and large‑appliance cycles, premiumization trends, and distribution costs.
Bottom line: LG Electronics India’s IPO provides exposure to a category‑leading brand with strong FY25 profitability, via a pure OFS at ₹1,080–₹1,140; weigh valuation versus peers and unit‑level drivers, then size bids accordingly.