The much-anticipated LG Electronics India IPO opened for public subscription today, marking one of the largest offerings by a consumer electronics company in recent years.
The ₹11,607 crore issue will remain open until October 9, with a price band set at ₹1,080–₹1,140 per share.
The IPO, launched via an Offer for Sale (OFS) by parent company LG Electronics Inc. (South Korea), will see no fresh equity issuance.
Instead, the proceeds will go directly to the South Korean parent, which aims to unlock value from its profitable Indian arm.
IPO Structure and Valuation
At the upper end of the price band, the IPO values LG Electronics India Ltd at approximately ₹77,400 crore.
The offer comprises 10.18 crore shares, and the face value per share is ₹10. The company has already raised around ₹3,475 crore from anchor investors, including global institutional giants such as BlackRock, Abu Dhabi Investment Authority (ADIA), and GIC Singapore.
The IPO will list on both the BSE and NSE, with the expected listing date set for October 14, 2025.
Strong Financial Performance
According to the company’s filings, LG Electronics India reported revenue of ₹24,366.6 crore and a net profit of ₹2,203.4 crore for the financial year ending March 2025.
Its EBITDA margin improved to 12.8%, reflecting operational efficiency and strong market demand across its product segments — including home appliances, air conditioners, and consumer electronics.
Industry analysts note that LG’s strong brand recognition, wide retail network, and sustained profitability make it one of the most attractive consumer durable businesses in India’s IPO landscape.
Grey Market Premium (GMP) and Market Sentiment
Market observers report that the grey market premium (GMP) for the IPO is hovering between ₹250–₹320, implying a potential 22–28% listing gain over the upper issue price.
This signals robust investor enthusiasm, although experts caution against over-reliance on GMPs as an indicator of long-term performance.
Analysts’ Take: A Balanced View
While brokerages remain bullish on short-term listing prospects, some have raised concerns about the IPO being a pure OFS, meaning no proceeds will flow into LG Electronics India itself.
Instead, the funds will benefit the parent entity in South Korea.
“The fundamentals are strong, but the valuation leaves limited room for upside post-listing. It’s an opportunity for investors seeking exposure to a market leader in India’s consumer durable space, but not without valuation risk,” said a senior analyst at Motilal Oswal Financial Services.
IPO Key Dates
| Event | Date |
|---|---|
| IPO Opens | October 7, 2025 |
| IPO Closes | October 9, 2025 |
| Allotment Finalization | October 10, 2025 |
| Refund Initiation | October 11, 2025 |
| Listing Date | October 14, 2025 |
Should You Subscribe?
Experts suggest long-term investors may consider subscribing to the issue, citing LG’s consistent market leadership and financial strength.
However, short-term investors should tread carefully, as high valuation and global market volatility could impact listing performance.
Final Word
The LG Electronics India IPO marks a major milestone in India’s capital markets and reinforces the country’s growing appeal as a hub for global consumer electronics manufacturing.
With strong brand equity, a vast distribution network, and healthy profitability, LG India’s market debut is expected to draw strong participation from institutional and retail investors alike.
Also Read
Inside the AMD–OpenAI Partnership: How 6 GW of AI Power Could Redefine the Global Chip Race
Who Is Dan Schulman? Verizon’s New CEO and the Man Behind PayPal’s Digital Transformation