LG Electronics India IPO: Strengths, risks, financials and 10 key points to consider before ₹11,600 crore offer opening

LG Electronics India IPO: Leading home appliances and consumer electronics brand LG Electronics India's initial public offering will hit Dalal Street on Tuesday, October 7. The issue is seeking to raise ₹11,607.01 crore.

The bidding for anchor investors will occur on Monday, October 6, while the IPO will conclude on Thursday, October 9.

As the IPO will open for subscription in less than 24 hours, here are key things you should know.

LG Electronics India IPO: 10 key points to consider ahead of public offer

• LG Electronics India IPO subscription period: The initial share sale will be open for bidding from Tuesday, October 7, to Thursday, October 9.
• IPO offer structure: It is exclusively an offer for sale of 10.18 crore shares aggregating to ₹11,607.01 crore without a fresh issue component.
• LG Electronics India IPO price band: The price range has been fixed at ₹1,080 to ₹1,140 per share.
• Reservation: The company has set aside 50% of the net offer for qualified institutional buyers (QIBs), 15% for non-institutional investors, or NIIs, and 35% for retail investors.
• LG Electronics India IPO lot size: Retail investors can apply for at least 13 shares.
• Objectives: Under the OFS, promoter LG Electronics Inc is offloading 101,815,859 shares. As there is no fresh issue component, the firm will not get any IPO proceeds.
• Book-running lead manager and registrar: Citigroup Global Markets India, Morgan Stanley India Company, JP Morgan India, Axis Capital and BofA Securities India are the IPO's book-running lead managers, while KFin Technologies is the registrar.
• LG Electronics India IPO allotment date: The basis of allotment is expected to be finalised on October 10.
• Listing date: The listing on the National Stock Exchange (NSE) and the BSE will take place on October 14.
• Promoter holding: The company's promoter holds a 100% stake, which will be reduced to 85% post-issue.

LG Electronics India IPO: Strengths

• LG Electronics India holds the leading position in the home appliances and consumer electronics industry in India, with the #1 market share across key product categories, including panel televisions, washing machines, refrigerators, microwaves and inverter air conditioners.
• It operates the largest distribution network among India's key home appliance and consumer electronics players as of June 2025, according to the Redseer Report. It has an expansive sales network through over 35,640 B2C touchpoints (comprising LG BrandShops and modern trade stores like Reliance Retail, Vijay Sales, Croma (Infiniti Retail), online touchpoints, traditional stores, distributors and sub-dealers.
• LG Electronics India has one of the largest in-house production capacities (excluding mobile phones) amongst leading home appliances and consumer electronics players. Its manufacturing facilities located in Pune and Noida accounted for 85.51%, 84.18%, 86.05%, 85.73% and 85.28% of overall sales in the three months ended June 30, 2025 and 2024, and Fiscals 2025, 2024 and 2023, respectively.

LG Electronics India IPO: Risk factors

• LG Electronics India is dependent on its promoter, LG Electronics Inc., for various aspects of its business, and it pays royalty to them under the Licence Agreement. Any change in relationship with the promoter and the companies in the LG Group could impact its business, financial condition and operations.
• The royalty payments made by the company to its South Korean parent under the Licence Agreement may attract regulatory scrutiny or action. As of the date of this RHP, it has a contingent liability of ₹315.30 crore in respect of royalty payments to its promoter. There is no assurance that such observations will not be raised by the tax department in the future, which could then have an adverse influence on the company's results of operations.
• An increase in prices of raw materials can affect the company's business and results of operations.

LG Electronics India IPO financials

LG Electronics India IPO GMP