Incorporated in 1997, LG Electronics India manufactures and distributes home appliances and consumer electronics (excluding mobile phones), serving B2C and B2B customers across India and select export markets. Operations include two manufacturing units (Noida and Pune), two central distribution centers, 23 regional distribution centers, and 51 branch offices with an extensive sub‑dealer and service network as of March 31, 2025.
LG Electronics India IPO
Mainboard book‑built issue (100% Offer for Sale + Employee reservation)
UPCOMING IPOLG Electronics India is launching a ₹11,607.01 crore mainboard IPO as a 100% offer for sale of up to 10,18,15,859 equity shares, opening on October 7, 2025 and closing on October 9, 2025, with allotment expected on October 10 and listing proposed on BSE and NSE on October 14, 2025. The price band is ₹1,080 to ₹1,140 per share; the minimum retail application is 1 lot of 13 shares for ₹14,820 at the cap price, and eligible employees receive a ₹108 per‑share discount.
| Face Value | ₹10 per share |
|---|---|
| Issue Price Band | ₹1,080 to ₹1,140 per share |
| Offer Structure | 100% Offer for Sale + Employee Reservation |
| Total Shares | 10,18,15,859 shares (aggregating up to ₹11,607.01 crore) |
| Employee Discount | ₹108 per share |
| Issue Type | Book‑building IPO |
| Listing | BSE, NSE |
| Shareholding (Pre / Post) | 67,87,72,392 / 67,87,72,392 shares (no change; OFS) |
| Lead Managers | Morgan Stanley India; others as disclosed in RHP |
| Registrar | Kfin Technologies Ltd. |
| Investor Category | Reservation |
|---|---|
| QIB | Not more than 50% of Offer |
| NII (HNI) | Not less than 15% of Offer |
| Retail (RII) | Not less than 35% of Offer |
Cut‑off bidding allowed for RII and employees as per SEBI framework; not permitted for NII categories.
| IPO Open | Tue, Oct 7, 2025 |
|---|---|
| IPO Close | Thu, Oct 9, 2025 |
| Allotment (Tentative) | Fri, Oct 10, 2025 |
| Refunds Initiation | Mon, Oct 13, 2025 |
| Credit to Demat | Mon, Oct 13, 2025 |
| Listing (Tentative) | Tue, Oct 14, 2025 |
| UPI Mandate Cut‑off | 5 PM on Thu, Oct 9, 2025 |
| 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 |
Amounts computed at cap price ₹1,140 per share for standard lot multiples.
Incorporated in 1997, LG Electronics India manufactures and distributes home appliances and consumer electronics (excluding mobile phones), serving B2C and B2B customers across India and select export markets. Operations include two manufacturing units (Noida and Pune), two central distribution centers, 23 regional distribution centers, and 51 branch offices with an extensive sub‑dealer and service network as of March 31, 2025.
The company also operates 1,006 service centers supported by 13,368 engineers and four call centers as of June 30, 2025, with a dedicated workforce of 3,796 employees, guided by the brand philosophy “Life’s Good When We Do Good.”
FY2023–FY2025 and Q1 FY2026 (₹ crore)
| Assets | Total Income | PAT | EBITDA | Net Worth | Reserves | Total Borrowings |
|---|---|---|---|---|---|---|
| 11,517.15 (FY25) | 24,630.63 | 2,203.35 | 3,110.12 | 5,933.75 | 5,291.40 | 0.00 |
| 8,498.44 (FY24) | 21,557.12 | 1,511.07 | 2,224.87 | 3,735.82 | 3,659.12 | 0.00 |
| 8,992.12 (FY23) | 20,108.58 | 1,344.93 | 1,895.12 | 4,319.82 | 4,243.12 | 0.00 |
| 11,516.44 (Q1 FY26) | 6,337.36 | 513.26 | 716.27 | 6,447.85 | 5,805.50 | 0.00 |
Source notes maintained internally; no reference placeholders are rendered on the page.
| Promoter | LG Electronics Inc. |
|---|---|
| Promoter Holding (Pre) | 100% (67,87,72,392 shares) |
| Promoter Holding (Post) | 85% (67,87,72,392 shares) |
Since the offer is an OFS, company share count remains unchanged; promoter stake reduces as per disclosed post‑issue holding.
Interesting to seeBlog comment creation LG India opting for a 100% offer for sale instead of raising fresh capital—definitely positions this IPO more as an exit opportunity for existing shareholders than a fundraising move. The employee discount of ₹108 per share is also worth noting since it could encourage stronger employee participation. It’ll be interesting to watch how demand plays out given the high valuation and strong brand presence in the consumer electronics space.