LG Electronics India Launches ₹11,600 Crore IPO with Price Band of ₹1,080–₹1,140

LG Electronics India Ltd., the consumer electronics giant backed by South Korea’s LG Electronics Inc., has officially announced its Initial Public Offering (IPO) price band, setting the stage for one of the largest public issues of 2025.  

Key highlights  
- The IPO price band is fixed between ₹1,080 and ₹1,140 per share  
- The issue opens for subscription on October 7 and closes on October 9  
- Entirely an Offer for Sale (OFS) of 10.18 crore shares by the parent company  
- No fresh equity will be issued, and LG Electronics India will not receive proceeds from the IPO  
- Minimum investment required is ₹14,820 for one lot comprising 13 shares  
- Eligible employees will receive a ₹108 per share discount  

Valuation and market impact  
- At the upper end of the price band, LG Electronics India is valued at ₹77,820 crore  
- Post-issue, promoter holding will reduce to 85 percent  
- The IPO is expected to be the third largest of 2025, following Tata Capital and HDB Financial Services  

Company overview  
- Incorporated in 1997, LG Electronics India manufactures and distributes home appliances and consumer electronics  
- Operates two manufacturing units in Noida and Pune, supported by 25 warehouses and 51 branch offices  
- Reported ₹2,203 crore net profit and ₹24,630 crore revenue for FY 2024–25  

Advisors and listing  
- Axis Capital, Citigroup Global, Morgan Stanley India, JPMorgan, and BofA Securities are lead managers  
- Shares will be listed on October 14  

Sources: CNBC TV18, Hindustan Times, Business Today