LG Electronics India Limited (LGEIL), a subsidiary of South Korea’s LG Electronics Inc., is a leading manufacturer and distributor of home appliances and consumer electronics (excluding mobile phones) in India. Since its incorporation in 1997, LG has established a strong presence across both urban and rural markets, offering products that combine technology, reliability, and exceptional after-sales support.
LG sells its wide range of products to both B2C and B2B customers in India and overseas. Beyond selling appliances, the company also provides installation, repair, and maintenance services to ensure long-term customer satisfaction.
LGEIL operates under three major business segments:
- Home Appliances – Refrigerators, washing machines, microwaves, vacuum cleaners, water purifiers, and more.
- Air Solutions – Air conditioners and other climate control products.
- Home Entertainment – Televisions, audio systems, and other entertainment solutions.
LG operates two advanced manufacturing units in Noida and Pune, supported by a pan-India network of 25 warehouses (2 CDCs and 23 RDCs), 51 branch offices, and over 30,800 sub-dealers, ensuring wide market reach and efficient distribution.
LG has a robust after-sales network, comprising 1,006 service centers, 13,368 engineers, and 4 call centers, which ensures reliable support and fosters customer trust.
As of June 30, 2025, the company had a workforce of 3,796 employees, driving innovation and customer engagement. Its brand philosophy, “Life’s Good When We Do Good,” reflects LG’s commitment to improving lives through technology and responsible business practices.
LG Electronics IPO – Details
| IPO Opening Date | 07 October 2025 |
| IPO Closing Date | 09 October 2025 |
| Issue Type | Book Built Issue IPO |
| Issue Size | Total Issue Size: 10,18,15,859 Shares Worth ₹11,607.01 Crore Offer For Sale: 10,18,15,859 Shares Worth ₹11,607.01 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹1080 – ₹1140 per share |
| Market Lot | 13 Shares |
| Min Order | 13 Shares [ 1 Lot ] |
| Employee Discount | ₹108.00 |
| Listing At | BSE, NSE |
| Register | Kfin Technologies Ltd. |
| QIB Shares Offered | 50% |
| NII (HNI) Shares Offered | 15% |
| Retail Shares Offered | 35% |
LG Electronics IPO – Date Schedule
| IPO Open Date | 07 October 2025 |
| IPO Close Date | 09 October 2025 |
| Basis of Allotment | 10 October 2025 |
| Initiation of Refund | 13 October 2025 |
| Credit of Shares to Demat Account | 13 October 2025 |
| IPO Listing Date | 14 October 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on October 09, 2025 |
LG Electronics IPO – Lots Size & Price
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 13 | ₹14,820 |
| Retail (Max) | 13 | 169 | ₹1,92,660 |
| S-HNI (Min) | 14 | 182 | ₹2,07,480 |
| S-HNI (Max) | 67 | 871 | ₹9,92,940 |
| B-HNI (Min) | 68 | 884 | ₹10,07,760 |
Competitive Strength
- Leading market share in the home appliances and consumer electronics industry in India with #1 market share across key product categories.
- Introducing innovative technologies tailored to the needs of Indian consumers.
- Shaping consumer experience with pan-India distribution and after-sales service network.
- Operational efficiency through strong manufacturing capabilities and localized supply chain.
- Parentage of LG Electronics, which is the leading single-brand global home appliances player in terms of market share by revenue in CY 2023 and a strong LG brand.
- Capital-efficient business with high growth and profitability.
Company Promoters
- LG Electronics Inc.
Company Financials
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2023 | ₹20,108.58 Cr | ₹18,288.26 Cr | ₹1,344.93 Cr | ₹0 |
| 31 March 2024 | ₹21,557.12 Cr | ₹19,520.02 Cr | ₹1,511.07 Cr | ₹0 |
| 31 March 2025 | ₹24,630.63 Cr | ₹21,667.52 Cr | ₹2,203.35 Cr | ₹0 |
| 30 June 2025 | ₹6,337.36 Cr | ₹5,645.41 Cr | ₹513.26 Cr | ₹0 |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROCE | 42.91% |
| RoNW | 37.13% |
| PAT Margin | 8.95% |
| EBITDA Margin | 12.76% |
| Price to Book Value | 13.04 |
| Pre IPO | Post IPO | |
| EPS (₹) | 32.46 | 30.25 |
| P/E (x) | 35.12 | 37.69 |
Object Of The Issue
- The Company will not receive any proceeds from the Offer. The Selling Shareholder will be entitled to the entire proceeds after deducting the Offer expenses and applicable taxes.
LG Electronics IPO Peer Comparison
| S. No. | Face Value (₹) | Company Name | P/E Ratio |
|---|---|---|---|
| 1 | 1 | Havells | 64.14 |
| 2 | 1 | Voltas | 52.68 |
| 3 | 10 | Whirlpool | 43.53 |
| 4 | 2 | Blue Star | 65.59 |
✅Strengths
- Market leader in India across TVs, ACs, refrigerators, washing machines & microwaves.
- Strong brand backed by LG Electronics Inc. (global leader).
- Wide distribution: 35,000+ touchpoints & two large plants (Noida, Pune).
- India’s largest service network with 1,000+ centers & 13,000+ engineers.
- High ROCE (45.3% FY24) and strong cash flow.
⚠️Risks
- Heavy reliance on parent LG for tech, brand & pays ~2.3% sales as royalty.
- Forex exposure due to high imports.
- Intense competition from Samsung, Sony, Whirlpool, Voltas, Haier etc.
- Royalty payments face regulatory/tax scrutiny.
- Expansion outside India limited by promoter approvals.
LG Electronics IPO Promoter Holding
| Pre Issue Share Holding | 100.00% |
| Post Issue Share Holding | 85.00% |
LG Electronics IPO Prospectus
Company Contact Information
| LG Electronics India Ltd. A 24/6, Mohan Cooperative Industrial Estate, Mathura Road, Delhi, New Delhi, 110044 Phone: +91 120 651 6700 Email: cgc.india@lge.com Website: http://lg.com/in/ |
LG Electronics IPO Registrar
| Kfin Technologies Ltd. Phone: 04067162222, 04079611000 Email: lgelectronics.ipo@kfintech.com Website: https://ipostatus.kfintech.com/ |
LG Electronics IPO Lead Manager(s)
| 1. Axis Capital Limited 2. BofA Securities India Limited 3. J.P. Morgan India Private Limited 4. Citigroup Global Markets India Private Limited 5. Morgan Stanley India Company Private Limited |
LG Electronics IPO FAQs
| What is LG Electronics IPO? LG Electronics IPO is a main-board IPO. The issue is priced at ₹1080 to ₹1140 per equity share. The IPO is to be listed on the BSE & NSE. |
| When will LG Electronics IPO open? The IPO is to open on 07 October 2025 for QIB, NII, and Retail Investors. |
| What is LG Electronics IPO Investors Portion? The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%. |
| What is LG Electronics IPO Size? LG Electronics IPO size is ₹11,607.01 Crore. |
| What is the LG Electronics IPO Minimum and Maximum Lot Size for Retail? The minimum bid is 13 Shares with ₹14,820, while the maximum bid is 169 Shares with ₹1,92,660. |
| What is the LG Electronics IPO Allotment Date? LG Electronics IPO allotment date is 10 October 2025. |
| What is the LG Electronics IPO Listing Date? LG Electronics IPO listing date is 14 October 2025. The IPO is to be listed on BSE and NSE. |
