eyepio

LG Electronics India IPO

LG Electronics India Limited · Home Appliances and Consumer Electronics

ListedMainboardNSEBSEBook built
Issue price
₹1,140per share
Issue size
₹11,604.73 Cr10,18,15,859 shares
Face value
₹10per equity share
Lot size
13 sharesMin. ₹14,820 at the upper price
  1. Anchor bidding
    Mon, 2025
  2. Opens
    Tue, 2025
  3. Closes
    Thu, 2025
  4. Allotment
    Fri, 2025
  5. Listing
    Tue, 2025

Dates marked in the offer document as tentative. Times in IST.

Information only, not investment advice. This page provides information compiled from official offer documents for information purposes only. It is not investment advice or a recommendation to apply for, buy or sell any security. We are not a SEBI-registered investment adviser or research analyst. Investments in IPOs are subject to market risks; read the offer document carefully before investing.

Issue details

Issue type
Book built, fresh issue and offer for sale
Fresh issue
0 shares
Offer for sale
10,18,15,859 shares (₹11,604.73 Cr)
Total issue
10,18,15,859 shares (₹11,604.73 Cr)
Face value
₹10
Listing at
NSE, BSE
Promoter holding
100.00% → 85.00%

Source: ProspectusUpdated

Reservation

Share of the total issue
  • Retail34.9%
  • Anchor29.9%
  • QIB ex-anchor20.0%
  • Small NII10.0%
  • Big NII5.0%
  • Employees0.2%
CategorySharesOf net offerStated in RHP
Retail individual investors3,55,61,79634.93%35%
Non-institutional investors (NII)1,52,40,77014.97%15%
Small NII (₹2–10 lakh)1,01,60,5149.98%—
Big NII (above ₹10 lakh)50,80,2564.99%—
Qualified institutional buyers (QIB)5,08,02,56549.90%50%
QIB, excluding anchor2,03,21,02619.96%—
Anchor investors3,04,81,53929.94%—
Employees2,10,7280.21%—

Source: ProspectusUpdated

Lot size

Amounts at ₹1,140 per share
CategoryLotsSharesAmount
Retail individual investors113₹14,820

Source: ProspectusUpdated

Special quotas

Employees
₹108 discount per share

Source: ProspectusUpdated

Subscription

Category-wise subscription is published by the exchanges while the issue is open. It appears here once the figures are added.

Valuation

FY 2024-25, pre-issue
EPS (basic)
₹32.46
EPS (diluted)
₹32.46
RoNW
37.13%
NAV per share (June 30, 2025)
₹94.99
P/E (FY 2024-25 at Cap Price)
35.12×

Source: ProspectusUpdated

About the company

The company manufactures and sells major home appliances and consumer electronics in India, serving both consumers and businesses, and exports to other countries. It operates two segments: home appliances and air solutions, and home entertainment. It also provides installation, repair and maintenance services, and relies on its promoter for brand, technology and royalty-based licensing.

Incorporated
1997
Industry
Home Appliances and Consumer Electronics
CIN
U32107DL1997PLC220109
Website
lg.com/in

Source: ProspectusUpdated

Promoters and shareholders

NameBefore issueAfter issueShares offered
LG Electronics Inc.100.00%85.00%10,18,15,859

Source: ProspectusUpdated

Objects of the issue

₹ crore
PurposeAmount
Offer for sale of equity shares by the selling shareholder; company receives no proceeds11,604.73
Listing benefits such as visibility, brand image and liquiditySet with price

Source: ProspectusUpdated

Peer comparison

As listed in the offer document
CompanyEPSP/ERoNWNAV per share
Havells₹23.4964.14×17.63%₹133.05
Voltas₹25.4352.68×12.76%₹197.66
Whirlpool₹28.343.53×9.09%₹314.52
Blue Star₹28.7665.59×19.27%₹149.19
LG Electronics India LimitedIssuer₹32.4635.12×37.13%₹87.42

Source: ProspectusUpdated

Strengths and risks

Our summary of what the offer document states

Strengths

  • Largest market share in offline home appliances and consumer electronics in India per the industry report cited.
  • Wide pan-India distribution and after-sales service network.
  • Two manufacturing units with high in-house production and localized supply chain.
  • Access to global technology and the LG brand through promoter parentage.
  • High reported profitability and capital efficiency relative to peers.

Risks

  • Dependence on promoter LG Electronics Inc. for technology, brand and products, with royalty payments under a license agreement.
  • Contingent tax liabilities, including a ₹3,153.00 million royalty-related contingent liability, pending regulatory resolution.
  • Significant disputed tax and other claims against the company, with large total contingent liabilities.
  • Potential conflicts of interest as the promoter may enter competing businesses and has no exclusivity arrangements.
  • Intense competition from domestic, Chinese and global brands.

Source: ProspectusUpdated

Contacts

Lead manager
Axis Capital Limited
SEBI INM000012029
Lead manager
J.P. Morgan India Private Limited
SEBI INM000002970
Lead manager
BofA Securities India Limited
SEBI INM000011625
Company
LG Electronics India Limited
cgc.india@lge.com
+91 120 651 6700

Source: ProspectusUpdated

Allotment status

Check whether shares were allotted on the official pages below, using your PAN, application number or DP/client ID. Results appear once the basis of allotment is finalised.

Allotment
Refunds
Demat credit
Listing

Source: ProspectusUpdated

After listing

Listing price, day-one high and low, and the change from the issue price (₹1,140) appear here after the shares list on NSE and BSE.

Work out the gain or loss on allotted shares after charges and tax →

Frequently asked questions

When does the LG Electronics India IPO open and close?

According to the Prospectus, the issue opens on Tuesday, 7 October 2025 and closes on Thursday, 9 October 2025.

What is the LG Electronics India IPO price band?

The final issue price is ₹1,140 per share.

What is the lot size of the LG Electronics India IPO?

One lot is 13 shares, which is ₹14,820 at ₹1,140 per share.

Where will LG Electronics India shares list?

On NSE and BSE. The tentative listing date is Tuesday, 14 October 2025.

Who is the registrar of the issue?

KFin Technologies Limited (SEBI registration INR000000221). Allotment status is checked on the registrar's website.

How do I check the LG Electronics India IPO allotment status?

The basis of allotment is expected to be finalised on Friday, 10 October 2025. After that, search by PAN, application number or DP/client ID on the registrar's website (KFin Technologies Limited), the NSE website or the BSE website. Shares that are allotted are credited to your demat account; for an application that is not allotted, the blocked amount is released.

How will the money raised be used?

₹11,604.73 Cr for offer for sale of equity shares by the selling shareholder; company receives no proceeds, and the rest for the other stated purposes.

Spotted something wrong?

Our data comes from official offer documents, but mistakes can slip through. Report an error and tell us which figure looks wrong and where you saw the correct one (the offer-document page number helps). For anything else, see Contact.