LG Electronics IPO: Apply or Avoid? GMP, Price & Final Review

LG Electronics India is coming out with its highly anticipated IPO in October 2025. For investors tracking large consumer electronics companies, this issue stands out because of its strong brand value, consistent financial performance, and a healthy long-term growth outlook.

The LG Electronics IPO will open for subscription on October 7, 2025, and close on October 9, 2025. The allotment will be finalized on October 10, while the listing on NSE and BSE is scheduled for October 14, 2025. The IPO price band is fixed at ₹1080 to ₹1140 per share.

The company aims to raise around ₹11,607.01 crores through this book-built IPO. The issue consists mainly of an offer for sale of up to 10,18,15,859 equity shares with a face value of ₹10 each.

Given LG’s strong financials and stable brand presence, many analysts believe this IPO is better suited for long-term investors.

LG Electronics IPO details

IPO DetailInformation
IPO Open DateOctober 7, 2025
IPO Close DateOctober 9, 2025
Face Value₹10 per share
Price Band₹1080 to ₹1140
Issue SizeApprox ₹11,607.01 crores
Offer for SaleApprox 10,18,15,859 shares
Issue TypeBook Built
ListingBSE and NSE
DRHP Draft ProspectusView PDF
RHP Draft ProspectusView PDF
Allotment DateOctober 10, 2025
Listing DateOctober 14, 2025


This table highlights the main IPO information for easy reference.

CLOSED
MAINBOARD
₹1080 to ₹1140

Open: 7-9 Oct 2025

Issue Size: ₹11,607.01 Cr.

Objective: Raise big money to seriously ramp up EV battery production globally.

Exchange: BSE, NSE

View Details →

LG Electronics IPO review


Many market experts suggest applying with a long-term view. The company is a fully owned subsidiary of LG Electronics Inc. It has built a strong presence in Indian households for over two decades through its home appliances, air solutions, and consumer electronics segments.

LG India is also investing nearly ₹5000 crores to expand its manufacturing capacity by setting up a third facility in Andhra Pradesh. It has wide distribution support with more than 30,000 distributors and nearly 950 service centres across the country.

Since this IPO is primarily an offer for sale, the company itself will not receive fresh capital for operations. However, its valuation at the upper band is estimated to be above ₹77,000 crore.

Also Read:

Market lot and application details

CategoryLot SizeSharesAmount
Retail Minimum113₹14,820
Retail Maximum13169₹1,92,660
S-HNI Minimum14182₹2,07,480
S-HNI Maximum67871₹9,92,940
B-HNI Minimum68884₹10,07,760

Below is the table showing the market lot size for retail and HNI investors.

IPO reservation structure

CategoryShares OfferedPercentage
QIB2,03,21,02650%
NII1,52,40,77021.37%
Retail3,55,61,79649.85%
Employees2,10,7280.30%

The distribution of shares across investor categories is shown above.

Anchor investor details

Anchor DetailInformation
Anchor Bidding DateOctober 6, 2025
Anchor Investors ListView PDF
Anchor Shares Offered3,04,81,539 shares
Anchor Portion Size₹3,474.90 crores
50% Lock-in EndsNovember 9, 2025
Remaining 50% Lock-in EndsJanuary 8, 2026

Key IPO dates

EventDate
IPO OpeningOctober 7, 2025
IPO ClosingOctober 9, 2025
Basis of AllotmentOctober 10, 2025
RefundsOctober 13, 2025
Demat TransferOctober 13, 2025
ListingOctober 14, 2025
Cut-off TimeOctober 9, 2025 till 5 PM

Promoter shareholding

ParticularSharesPercentage
Promoter Holding Pre-Issue67,87,72,392100%
Promoter Holding Post-Issue67,87,72,39285%

About LG Electronics India


Established in 1997, LG Electronics India has been a familiar name in the home appliances and consumer electronics industry for nearly 27 years. The company offers a wide range of products including washing machines, refrigerators, air conditioners, televisions, and microwaves. It caters to both B2B and B2C consumers in India and overseas.

LG India is also known for its strong after-sales service network, supported by 12,590 engineers and 949 service centres. The brand introduced inverter ACs to India in 2014 and moved entirely to inverter technology by 2017.

Financial performance

PeriodRevenueExpensePATAssets
2022₹17,038.01 cr₹15,406.45 cr₹1,174.73 cr₹9,419.20 cr
2023₹20,108.58 cr₹18,288.26 cr₹1,344.93 cr₹8,992.10 cr
2024₹21,557.12 cr₹19,520.00 cr₹1,511.07 cr₹8,498.40 cr
2025₹24,630.63 cr₹21,667.52 cr₹2,203.35 cr₹11,517.15 cr
June 2025₹6,337.36 cr₹5,645.41 cr₹513.26 cr₹11,516.44 cr

IPO valuation metrics (FY 2025)

KPIValue
ROE37.13%
ROCE42.91%
EBITDA Margin12.76%
PAT Margin8.95%
Debt-to-Equity0.00
EPS (Basic)₹32.46
P/E RatioN/A
RoNW37.13%
NAV₹87.42

Peer group comparison

CompanyEPSP/ERoNWNAVIncome
Havells23.4964.1417.63%133.05₹21,778.06 cr
Voltas25.4352.6812.76%197.66₹15,412.79 cr
Whirlpool28.3043.539.09%314.52₹7,919.37 cr
Blue Star28.7665.5919.27%149.19₹11,967.65 cr

LG Electronics India is compared with other major consumer electronics brands below.

Lead managers


The book-running lead managers for this issue are:
Morgan Stanley India Company Private Limited
J.P. Morgan India Private Limited
Axis Capital Limited
BofA Securities India Limited
Citigroup Global Markets India Private Limited

Registrar


KFin Technologies Limited
Phone: 040-67162222 / 040-79611000
Email: isl.ipo@kfintech.com
Website: ipostatus.kfintech.com

LG Electronics IPO FAQs

What is the LG Electronics IPO?

It is a mainboard IPO worth ₹11,607.01 crores with a price band of ₹1080 to ₹1140 per share.

When will the LG Electronics IPO open?

The IPO opens on October 7, 2025 and closes on October 9, 2025.

What portion is reserved for investors in LG Electronics IPO?

QIB: 50%, NII: 15%, Retail: 35%.

How can investors apply for LG Electronics IPO?

You can apply through ASBA via your bank or UPI-based applications using your stock broker.

What is the allotment date of LG Electronics IPO?

The allotment will be finalized on October 10, 2025.

What is the listing date of LG Electronics IPO?

The listing is on October 14, 2025 on NSE and BSE.

Expert Comment

LG Electronics India continues to show strong financial growth, market leadership, and deep brand trust across Indian households. Considering its consistent performance and ambitious expansion plans, the IPO may be more appealing to long-term investors rather than those seeking quick listing gains.

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