LG Electronics India Limited, a subsidiary of the South Korean electronics giant LG Electronics, has made history with its initial public offering (IPO) in India. The ₹11,607 crore ($1.3 billion) IPO has been a resounding success, attracting bids worth ₹4.39 lakh crore ($49.9 billion) and becoming the most subscribed billion-dollar offering in nearly two decades.
IPO Details
The LG Electronics India IPO opened on October 7, 2025, and closed on October 9, 2025. The price band was fixed at ₹1,080 to ₹1,140 per share, with a lot size of 13 shares. The minimum investment amount was ₹14,820, and the maximum investment amount was ₹1,92,660 for retail investors.
Subscription Details
The IPO received an overwhelming response from investors, with Qualified Institutional Buyers (QIBs) subscribing 166.5 times, Non-Institutional Investors (NIIs) subscribing 22.4 times, and Retail Individual Investors (RIIs) subscribing 3.54 times. The employee category was subscribed 7.33 times.
Allotment and Listing
The allotment of shares was finalized on October 10, 2025, and the shares are expected to list on the BSE and NSE on October 14, 2025. The company has appointed Kfin Technologies Limited as the registrar for the issue.
Use of Proceeds
The IPO is an Offer for Sale (OFS) issue, which means that the proceeds will go to the existing shareholders, LG Electronics Inc., rather than the company itself. The parent company will reduce its stake in the Indian subsidiary from 100% to 85%.
Financial Performance
LG Electronics India has reported strong financial performance in recent years, with revenue increasing by 14% to ₹24,630.63 crore in FY2025. The company’s profit after tax (PAT) rose by 46% to ₹2,203.35 crore during the same period.
Market Position
LG Electronics India is a leading player in the consumer durables and home appliances market in India. The company has a strong brand presence and a wide distribution network across the country. It is the market leader in several product categories, including washing machines, refrigerators, and air conditioners.
Future Outlook
The company is expected to benefit from the growing demand for consumer electronics and home appliances in India. With its strong brand presence and product portfolio, LG Electronics India is well-positioned to capitalize on the opportunities in the Indian market.
Key Highlights
– IPO Size: ₹11,607 crore ($1.3 billion)
– Price Band: ₹1,080 to ₹1,140 per share
– Lot Size: 13 shares
– Listing Date: October 14, 2025
– Market Capitalization: ₹77,380.05 crore (post-IPO valuation)
– Return on Equity (ROE): 37.13%
– Return on Capital Employed (ROCE): 42.91%
The LG Electronics India IPO has been a huge success, and the company’s strong financial performance and market position make it an attractive investment opportunity for investors. With its listing on the BSE and NSE, LG Electronics India is poised to become a major player in the Indian capital markets.
LG Electronics India IPO: A Historic Success
