LG Electronics IPO 2025: Date, Price Band, Lot Size, Subscription, GMP and Listing Details

LG Electronics IPO 2025: Date, Price Band, Lot Size, Subscription, GMP and Listing Details

The Indian stock market is gearing up for one of the most anticipated public offerings of the year as LG Electronics India Limited IPO is set to hit Dalal Street in October 2025. Backed by its South Korean parent, LG Electronics Inc., the company is bringing a massive ₹11,607 crore IPO, entirely through an Offer for Sale (OFS) route. This makes it one of the biggest IPOs of 2025, with strong retail, institutional, and global investor interest expected.

The LG Electronics IPO will open for subscription on October 7, 2025, and close on October 9, 2025. The price band has been fixed at ₹1,080 to ₹1,140 per share with a lot size of 13 shares, translating into a minimum investment of ₹14,820 for retail investors. At the upper price band, the company’s market capitalization is expected to touch ₹77,380 crore, making it one of the largest consumer electronics listings on the Indian exchanges. The IPO shares are proposed to be listed on both BSE and NSE with a tentative listing date of October 14, 2025.

LG Electronics IPO 2025 Key Details

Company Name: LG Electronics India Limited

IPO Type: Book Built Issue (OFS)

IPO Open Date: October 7, 2025

IPO Close Date: October 9, 2025

IPO Price Band: ₹1,080 – ₹1,140 per share

Face Value: ₹10 per share

Market Lot Size: 13 Shares

Minimum Investment (Retail): ₹14,820

IPO Size: ₹11,607 crore (Offer for Sale of 10.18 crore shares)

Retail Quota: 35%

Listing Exchange: BSE, NSE

Tentative Listing Date: October 14, 2025

Registrar: Kfin Technologies Ltd.

BRLMs (Lead Managers): Morgan Stanley, JP Morgan, Axis Capital, BofA Securities, Citigroup

About LG Electronics India Limited

Incorporated in 1997, LG Electronics India Limited has grown to become one of the leading names in the Indian consumer electronics and home appliances market. The company manufactures and distributes a wide range of products including televisions, refrigerators, washing machines, and air conditioners, excluding mobile phones. Its business spans across Home Appliances, Air Solutions, and Home Entertainment, catering to both B2C and B2B customers in India and international markets.

LG Electronics India has built a robust supply chain and distribution network to strengthen its leadership position. The company operates two advanced manufacturing plants located in Noida and Pune, supported by 25 warehouses, which include central and regional distribution centers. In addition, it has 51 branch offices and over 30,000 sub-dealers across India, ensuring product availability in both urban and rural markets. Its strong after-sales service network includes more than 1,000 service centers, 13,000 engineers, and four dedicated call centers, making it one of the most customer-centric brands in the industry.

Financial Performance of LG Electronics India

The financials of LG Electronics India highlight a consistent growth story backed by innovation and strong brand recall. In the financial year ending March 2025, the company reported revenue of ₹24,630 crore, reflecting a 14 percent year-on-year growth, compared to ₹21,557 crore in FY24. Profit after tax surged to ₹2,203 crore in FY25, registering a remarkable 46 percent increase from ₹1,511 crore in the previous year. The company’s EBITDA also showed strong momentum, rising from ₹2,224 crore in FY24 to ₹3,110 crore in FY25, reflecting its operational efficiency and cost management.

A key strength of LG Electronics India is its zero-debt balance sheet, which highlights financial stability and efficient capital utilization. The company reported a net worth of ₹5,933 crore in FY25, which further increased to ₹6,447 crore by June 2025. These numbers position LG Electronics as a financially strong and profitable company, making its IPO highly attractive for investors.

LG Electronics IPO Financial Performance

LG Electronics India has shown strong financial growth over the last few years.

Financial Year

Revenue (₹ Cr)

PAT (₹ Cr)

EBITDA (₹ Cr)

Net Worth (₹ Cr)

FY23

20,108.58

1,344.93

1,895.12

4,319.82

FY24

21,557.12

1,511.07

2,224.87

3,735.82

FY25

24,630.63

2,203.35

3,110.12

5,933.75

Q1 FY26 (Jun 2025)

6,337.36

513.26

716.27

6,447.85

Details of the IPO Structure

The LG Electronics IPO is entirely an Offer for Sale (OFS), with the South Korean parent company divesting part of its stake in the Indian arm. Through this issue, LG Electronics Inc. will reduce its holding in the Indian subsidiary from 100 percent pre-issue to 85 percent post-issue. Since the IPO is an OFS, the proceeds from the sale will not go to the company but will instead benefit the parent entity.

LG Electronics IPO Timeline (Tentative Schedule)

Event

Date

IPO Open Date

October 7, 2025

IPO Close Date

October 9, 2025

Basis of Allotment

October 10, 2025

Refunds Initiation

October 13, 2025

Credit to Demat

October 13, 2025

IPO Listing Date

October 14, 2025

The IPO has a structured allocation with not more than 50 percent reserved for Qualified Institutional Buyers (QIBs), at least 15 percent for Non-Institutional Investors (NIIs), and a minimum of 35 percent for retail investors. Employees will also benefit from a special discount of ₹108 per share, encouraging participation from within the organization.

LG Electronics IPO Lot Size & Investment

The minimum lot size for retail investors is 13 shares, and multiples thereof.

Investor Category

Minimum Lots

Shares

Amount (₹)

Retail (Min)

1

13

₹14,820

Retail (Max)

13

169

₹1,92,660

sNII (Min)

14

182

₹2,07,480

bNII (Min)

68

884

₹10,07,760

Strengths and Market Position

LG Electronics India enjoys a commanding position in the Indian consumer electronics space, with leading market share across multiple product categories. The company has consistently introduced innovative technologies designed for Indian households, strengthening its relevance and brand loyalty. Its wide distribution network and strong after-sales service coverage give it a competitive edge over peers such as Whirlpool, Voltas, Havells, and Blue Star.

The association with LG Electronics Inc., the global leader in home appliances by revenue in 2023, adds further credibility and stability to the Indian operations. A capital-efficient business model, high return ratios, and profitability make the company stand out as a market leader.

Valuation and Risks

At the upper end of the price band, the IPO values the company at a P/E ratio of nearly 38x, which is relatively high compared to some of its listed peers. While the company’s growth, brand strength, and profitability justify a premium valuation, investors should weigh this against competitive pressures and the cyclical nature of consumer demand in India. Another key consideration is that the IPO is a pure OFS, meaning no new funds will flow into the Indian business for expansion or debt repayment.

Should You Apply for LG Electronics IPO?

The LG Electronics IPO 2025 is being closely watched by both retail and institutional investors. Its strong financials, zero-debt status, leadership in the consumer electronics market, and global brand support make it a fundamentally strong offering. However, the valuation is on the higher side, and since this is an Offer for Sale, investors should not expect immediate business expansion benefits.

For long-term investors, LG Electronics India offers an opportunity to own shares in a market leader with consistent growth and strong profitability. For short-term investors, potential listing gains will depend on subscription numbers, QIB demand, and grey market premium (GMP) trends closer to the listing date.

The LG Electronics IPO is expected to be one of the blockbuster public issues of 2025. With its IPO dates scheduled between October 7–9, 2025, price band of ₹1,080–1,140 per share, and lot size of 13 shares, the issue is well-positioned to attract significant investor interest. While the fact that it is an OFS may be a limitation for some, the company’s robust financial performance, brand leadership, and zero-debt status make it a compelling investment story.

IPO Ji recommends investors to carefully assess their investment horizon and risk appetite before applying. For those looking at the long-term growth story of India’s consumer electronics sector, the LG Electronics IPO 2025 could be a strong addition to the portfolio.

LG Electronics IPO 2025 – Frequently Asked Questions (FAQ)

Q1. What are the LG Electronics IPO dates?

The LG Electronics IPO will open for subscription on October 7, 2025, and close on October 9, 2025. The anchor investor portion is expected to open a day earlier on October 6, 2025. Investors can apply during the 3-day subscription window using UPI or ASBA.

Q2. What is the LG Electronics IPO price band?

The price band of LG Electronics IPO is fixed between ₹1,080 and ₹1,140 per equity share of face value ₹10. Investors can bid within this range, with the final issue price being determined after book building.

Q3. What is the LG Electronics IPO lot size and minimum investment?

The minimum lot size in LG Electronics IPO is 13 shares. For retail investors, this means the minimum investment required is ₹14,820 at the upper price band.

  • Retail investors can apply for a maximum of 13 lots (169 shares) worth ₹1,92,660.
  • Small HNIs (sNII) need to apply for at least 14 lots (182 shares) worth ₹2,07,480.
  • Big HNIs (bNII) must apply for at least 68 lots (884 shares) worth ₹10,07,760.

Q4. How much is reserved for retail investors in LG Electronics IPO?

As per SEBI regulations, not less than 35% of the issue is reserved for retail investors. For LG IPO, this translates to over 27.35 lakh retail application forms available. Additionally, Qualified Institutional Buyers (QIBs) will have up to 50% allocation, and Non-Institutional Investors (NIIs) will have not less than 15% reservation.

Q5. What is the total size of the LG Electronics IPO?

The total IPO size is ₹11,607.01 crore, comprising 10.18 crore shares offered via Offer for Sale (OFS). No new shares are being issued, which means the proceeds will go to the parent company LG Electronics Inc., reducing its stake in the Indian arm from 100% to 85%.

Q6. When will LG Electronics IPO allotment be announced?

The basis of allotment for LG Electronics IPO is expected to be finalized on October 10, 2025. Investors can check their allotment status on the registrar’s website (Kfin Technologies Ltd.) using their PAN, application number, or Demat ID.

Q7. When will refunds and credit of shares take place?

Refunds to unsuccessful applicants are expected to be initiated on October 13, 2025, while successful investors will get shares credited to their Demat accounts on the same day.

Q8. What is the LG Electronics IPO listing date?

Shares of LG Electronics India Limited are tentatively scheduled to list on October 14, 2025 on both BSE and NSE. The listing price will depend on market demand, subscription levels, and investor sentiment.

Q9. What is the employee discount in LG Electronics IPO?

LG Electronics has announced a ₹108 per share discount for employees applying under the reserved category. This makes the effective price for employees ₹972–₹1,032 per share.

Q10. Is LG Electronics IPO a fresh issue or an offer for sale?

The IPO is a 100% Offer for Sale (OFS). This means the company is not issuing any new shares, and all proceeds will go to the existing promoter, LG Electronics Inc. The Indian subsidiary will not directly receive any funds from the IPO.

Q11. What is LG Electronics India’s financial performance?

In FY25, LG Electronics India reported revenue of ₹24,630 crore and a net profit of ₹2,203 crore, showing a 46% growth in PAT compared to FY24. The company has a zero-debt balance sheet and strong return ratios, with RoNW at 37.13% and ROCE at 42.91%.

Q12. Who are the lead managers of LG Electronics IPO?

The IPO is being managed by some of the biggest investment banks including Morgan Stanley, JP Morgan, Axis Capital, Citigroup Global, and BofA Securities India Ltd. The registrar for the IPO is Kfin Technologies Ltd.

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