LG Electronics India Ltd. logo

LG Electronics India was incorporated on January 20, 1997. The company is known for its wide range of home appliances and consumer electronics, including washing machines, refrigerators, panel televisions, inverter air conditioners, and microwaves, excluding mobile phones

Bidding Dates
07 Oct 2025 - 09 Oct 2025
Subscription
54.02x Oversubscribed
Minimum InvestmentMinimum LotMaximum LotLot SizeNumber of SharesIssue Price BandPost Issue Promoter Holding %Issue SizeIPO Document
₹14,04011313101.8 M₹1080 - ₹114085 %₹109961.1 M - ₹116070.1 MRHP DOC

LG Electronics IPO SUBSCRIPTION STATUS

09 Oct '25
Total54.02x
Retail Individual Investor3.55x
HNI (NII) Investors22.45x
Qualified Institutional Buyers166.51x
Employees7.62x

LG Electronics IPO overall subscription rate was 54.02 times the total available shares

LG Electronics IPO retail subscription rate was 3.55 times in the retail segment

LG Electronics IPO non-institutional investor subscription rate was 22.45 times in the non-institutional investor category

LG Electronics IPO Qualified Institutional Bidder subscription rate was 166.51 times the available shares for Qualified Institutional Bidder

LG Electronics IPO Employees subscription rate was 7.62 times in the Employees category

DayRetail Individual InvestorHNI (NII) InvestorsQualified Institutional BuyersEmployees
Category Reservation34.93%14.97%49.9%0.21%
09 Oct 2025
(Day 3)
3.55x22.45x166.51x7.62x
08 Oct 2025
(Day 2)
1.9x7.6x2.59x4.11x
07 Oct 2025
(Day 1)
0.81x2.31x0.49x1.89x

LG Electronics FINANCIALS

Period Revenue from Operations (Rs in crore) Net Profit (Rs in crore) Cash Flow from Operations (Rs in crore) Free Cash Flow (Rs in crore) Margins
Q1FY26 6,262.9 513.3 941.9 780.7 11.4%
Q1FY25 6,408.8 679.6 1,404.7 1,353.1 15.0%
FY25 24,366.6 2,203.3 1,653.9 1,319.3 12.8%
FY24 21,352.0 1,511.1 1,665.5 1,425.3 10.4%
FY23 19,864.6 1,344.9 1,870.8 1,357.0 9.5%

 

LG Electronics IPO SUBSCRIPTION STATUS DETAILS

LG Electronics had 101.8 M shares on offer

LG Electronics IPO offer price was in the range ₹1080 - ₹1140

LG Electronics IPO minimum Investment was14040

LG Electronics IPO issue size was ₹ 109961.1 M - ₹ 116070.1 M

LG Electronics had a minimum lot size of 13 Shares per application

LG Electronics NUMBER OF SHARES ON OFFER

Total101.8 M
Fresh Issue0
Offer for Sale101.8 M
Post Issue Promoter Holding %85 %

LG Electronics IPO IMPORTANT DATES

Issue Open Date07 Oct 2025
Issue close Date09 Oct 2025
Allotment Date10 Oct 2025
Refund Date13 Oct 2025
Demat Account Credit Date13 Oct 2025
Listing Date14 Oct 2025
Listing on Exchange(s)NSE and BSE
LG Electronics Allotment StatusExchange/ Registrar

LG Electronics IPO subscription opened on 07 Oct 2025, and closed on 09 Oct 2025

IPO allotment for LG Electronics was finalized on Friday, 10 Oct 2025

IPO listing for LG Electronics was on NSE and BSE on Tuesday, 14 Oct 2025

LG Electronics IPO LISTING GAINS

Issue Price (adjusted)1140.0
Listing Open Price1710.1
Listing Close Price1689.9
Listing Gain%50.0%
Current Gain%39.2%

LG Electronics Peer

StockStock PriceMarket Cap (Rs crore)PE TTMPEG TTMPS TTMROE%ROA%Annual Revenue (Rs crore)Annual Revenue Growth %Annual Net Profit (Rs crore)Annual Net Profit Growth %EPS TTMEPS TTM Growth %
LG Electronics India Ltd.1586.5107687.263.9-2.74.42212.424932.81.21685.1-23.524.8-23.5
Dixon Technologies (India) Ltd.1420086821.846.30.81.730.87.549585.827.51438.631.330758.2
Voltas Ltd.128542518.7113.1-235.92.614482.6-8375.9-55.311.4-55.3
Blue Star Ltd.151431130.161.1-9.72.415.46.212463.93.5527.7-10.824.8-6.3
Amber Enterprises India Ltd.743526221.6147.6-5.52.24.11.312306.622.5177.6-27.150.4-27.1
PG Electroplast Ltd.630.618084.387.9-3.63.16.43.35342.88.9196.6-31.77.2-24.1

LG Electronics IPO Reports

IPO SubscribePDF

Hem Securities

07 Oct 2025
IPO SubscribePDF

AUM Capital

07 Oct 2025
IPO SubscribePDF

Ventura

06 Oct 2025
IPO SubscribePDF

ICICI Direct

03 Oct 2025

LG Electronics INFORMATION ON IPO ISSUE

About LG Electronics

LG Electronics India was incorporated on January 20, 1997. The company is known for its wide range of home appliances and consumer electronics, including washing machines, refrigerators, panel televisions, inverter air conditioners, and microwaves, excluding mobile phones

Object of the Issue

  • Fees and commissions payable to the BRLMs
  • Advertising and marketing expenses
  • Fees payable to the registrar to the offer
  • Commission/processing fee for SCSBs, Sponsor Bank(s), and Bankers to the offer. Brokerage and selling commission and bidding charges for members of the syndicate, registered brokers, RTAs, and CDPs
  • Printing and distribution of offer stationery

LG Electronics - PROMOTERS

Name
LG Electronics Inc.

LG Electronics - MANAGEMENT & LEADERSHIP

NameDesignation
Hong Ju JeonManaging Director
Dongmyung SeoWhole-time Director & Chief Financial Officer
Daehyun SongChairman & Non-executive Director
Promila BhardwajIndependent Director
Ramesh Ramachandran NairIndependent Director
Santosh Kumar MohantyIndependent Director

LG Electronics Book Running Lead Manager

Morgan Stanley India Company Private Limited

lgindiaipo@morganstanley.com

J.P. Morgan India Private Limited

LGEIL_IPO@jpmorgan.com

Axis Capital Limited

lgindia.ipo@axiscap.in

BofA Securities India Limited

dg.gcib_in_lgeil_ipo@bofa.com

Citigroup Global Markets India Private Limited

lgeindiaipo@citi.com

LG Electronics Registrar to the Offer

KFin Technologies Limited

lgelectronics.ipo@kfintech.com

LG Electronics Strengths

Geographical presence

The company operates a vast sales network with 36,401 B2C touchpoints and engages consumers online via its website, e-commerce platforms, and modern trade partners

Strength

Capital efficient business

The company has established strong profitability and returns, reflecting the strength of its business model. With a return on capital employed of 45.3% in FY24, it outperforms industry peers, whose average is around 17%, according to the Redseer Report

Strength

Manufacturing and operational efficiency

The company operates two manufacturing units in Noida and Pune, which contributed 84.2% & 85.7% of total sales in the three months ending June 30, 2024, and for FY24, respectively. The remaining sales come from third-party manufactured products based on the company's specifications or imports from other LG group members.

Strength

LG Electronics Risks

Dependent on raw material suppliers

The top-five and top-10 suppliers contributed 21.5% and 31.4% of total raw material purchases, respectively, in the three months ended June 30, 2024. Any disruption in raw material availability or supplier issues could negatively affect business operations

Risk

Competition

The company may face challenges in competing successfully in the highly competitive and rapidly evolving home appliances and consumer electronics markets, potentially impacting its operations

Risk

Shutdown or under-utilization of manufacturing facilities

The company manufactures products at its Noida and Pune units. Any disruptions or failure to maintain high utilisation levels at these units could negatively impact its business, financial condition, and future prospects

Risk

IPO FAQs

  • This IPO consists of an offer for sale of up to Rs 11,607.0 crore, of 101,815,859 shares.

  • The promoter of the company is LG Electronics Inc..

  • The category allocation of qualified institutional buyers is 49.9%, the category allocation of non individual investors or high networth individuals is 15.0% and for retail investors it is 34.9%.

  • The price band of the IPO is Rs 1080.0 - 1140.0.

  • The IPO application opens on Oct 07, 2025 and closes on Oct 09, 2025.

  • The minimum lot size for the IPO is 13. The maximum lot size for the IPO is 169.

  • For all category investors, the minimum application amount for this IPO is Rs. 14,040.0, the maximum value for this IPO is Rs 192,660.0.

  • This IPO will be allotted on Oct 10, 2025.

  • The refund will be credited to your account on Oct 13, 2025.

  • The allotted shares will be credited to your demat on Oct 13, 2025.

  • LG Electronics India Ltd.’s shares listed on the stock exchanges on Oct 14, 2025.