Smart Bet or Cautious Call? LG Electronics India IPO Draws Long-Term Investor Interest

LG Electronics India’s ₹11,607 crore IPO, opening October 7, is being closely watched by long-term investors eyeing the consumer durables space. The offer-for-sale of 10.18 crore shares by LG’s South Korean parent is priced between ₹1,080 and ₹1,140 per share.

Key highlights:  
1. The IPO values the company at ₹77,380 crore, with listing expected on October 14.  
2. LG India boasts a 37.1 percent return on net worth in FY25, outperforming peers like Voltas and Havells.  
3. Over 85 percent of its products are manufactured locally, aligning with Make in India goals.  
4. Revenue grew at 10.8 percent CAGR from FY23 to FY25, while net profit surged 28 percent annually.  
5. With strong EBITDA margins and a lower P/E multiple than competitors, analysts suggest it’s a compelling long-term play.

Sources: Economic Times, PL Capital, IPO Expert.