Rupix

LG Electronics India IPO

LG Electronics India came to market through an IPO that opened on 7 October 2025 and closed on 9 October 2025, and the shares listed on 14 October 2025 on BSE, NSE. The price band was ₹1,080 to ₹1,140 per share and one lot was 13 shares, so the minimum application was ₹14,820. The issue size was ₹11607 crore. The whole issue was an offer for sale, so the proceeds went to the selling shareholders rather than the company.

Kfin Technologies Limited was the registrar to the issue, and Morgan Stanley India Company Pvt Ltd, J.P. Morgan India Private Limited, Axis Capital Limited, Bofa Securities India Limited, Citigroup Global Markets India Private Limited were the lead managers.

Issue details

Issue type
Book Built Issue
Price band
₹1,080 to ₹1,140
Lot size
13 shares
Minimum investment
₹14,820
Face value
₹10 per share
Issue size
₹11607 crore
Offer for sale
10,18,15,859 shares (aggregating up to ₹11607 crore)
Listing at
BSE, NSE
Registrar
Kfin Technologies Limited
Lead managers
Morgan Stanley India Company Pvt Ltd, J.P. Morgan India Private Limited, Axis Capital Limited, Bofa Securities India Limited, Citigroup Global Markets India Private Limited
Promoter holding before the issue
100%
Promoter holding after the issue
85%

Timeline

Opens
7 October 2025
Closes
9 October 2025
Allotment
10 October 2025
Listing
14 October 2025

Subscription status by day

As of 9 October 2025.

Day
1
2
3

Listing day and after

Issue price
₹1,140
Listed on
14 October 2025

About LG Electronics India

Established in 1997, LG Electronics India Limited is a producer and distributor of home appliances and consumer electronics (except mobile phones). The company retail products to B2C and B2B consumers within India and abroad. The company provide installation services, and repair and maintenance services for all our products. LG Electronics India Limited run the business under two segments: 1. Home Appliances and Air Solutions and 2. Home Entertainment.

The company operates 2 manufacturing facilities, 2 central distribution facilities, 23 regional distribution facilities, and 51 branch offices and is serviced by 31,291 sub-dealers as of June 30, 2024. LG Electronics has two state-of-the-art manufacturing facilities in Noida (the Noida Manufacturing Unit) and Pune (the Pune Manufacturing Unit). The company have 25 product warehouses forming a pan-India supply chain network with two central distribution centers (CDCs) and 23 regional distribution centers (RDCs) as of June 30, 2024.

The firm has a total of 282 employees as of June 30, 2024, and 472 B2B trade partners as of June 30, 2024. The firm also has services provided by 949 service centers in urban and rural India, backed by 12,590 engineers and four call centers, as of June 30, 2024.

As described in the offer document.

Objects of the issue

  • The company will not receive any proceeds from the Offer and all the Offer Proceeds will be received by the Selling Shareholder.

Strengths

  • Globally Backed & Locally Rooted — Supported by LG Electronics’ global technology while following a “G-local” strategy with 97–98% products manufactured in India.
  • Undisputed Market Leader — Ranked #1 for 13 consecutive years in major appliances with strong distribution and after-sales network across India.
  • Trusted & Customer-Centric Brand — Known for high product quality, innovation leadership (first to launch inverter ACs in India), and strong brand loyalty.
  • Financially Strong & Scalable Model — Runs a capital-efficient, consistently profitable business, well-positioned for sustainable long-term growth.

Risks

  • Highly Competitive Market — Faces strong rivalry from global brands like Samsung, Sony, and Haier, along with rising local retail-driven private labels.
  • Operational Dependence — Relies heavily on parent company LG Electronics and concentrated manufacturing facilities in Noida and Pune, posing risks in case of disruptions.
  • External Vulnerabilities — Exposed to supply chain disturbances from natural disasters or global crises, as well as currency fluctuations and evolving regulatory policies.
  • Legal & Innovation Pressure — Potential exposure to intellectual property disputes, while rapid tech advancements require continuous innovation to stay relevant.

Financials (₹ crore)

Metric30-Jun-2531-Mar-2531-Mar-2431-Mar-23

Listed peers

LG Electronics
RoNW 37.1%%
Havells
RoNW 17.6%%
Voltas
RoNW 16.8%%
Whirlpool
RoNW 9.0%%
Blue Star
RoNW 19.2%%

LG Electronics raises Rs 3,475 crore from 149 anchor investors, Rs 11,607-crore. Global marquee players such as Goldman Sachs, Fidelity, BlackRock, Abu Dhabi Investment Authority, Government of Singapore, Monetary Authority of Singapore, INQ Holdings, T Rowe Price International, Schroder International, Pictet and xx invested in one of home appliances and consumer electronics producers.

Some of the domestic institutional investors such as SBI Mutual Fund, ICICI Prudential MF, HDFC AMC, Nippon Life India, Kotak Mahindra AMC, Axis Mutual Fund, Mirae Asset, Aditya Birla Sun Life AMC, SBI Life Insurance, HDFC Life Insurance, ICICI Prudential Life Insurance, Franklin India, WhiteOak Capital, UTI MF, Tata MF, Bandhan MF, Canara Robeco MF, Edelweiss, HSBC MF Invesco, Motilal Oswal AMC, Bajaj Allianz General Insurance, LIC MF, and PGIM India invested in the anchor book.

Promoters

LG Electronics Inc.. Promoter holding 100% before the issue and 85% after.

Application sizes

Retail (min)
1 lot, 13 shares, ₹14,820
Retail(max)
13 lots, 169 shares, ₹1,92,660
sHNI(min)
14 lots, 182 shares, ₹2,07,480
sHNI(max)
67 lots, 871 shares, ₹9,92,940
bHNI(min)
68 lots, 884 shares, ₹10,07,760

Valuation

EPS Pre IPO
₹32.46
EPS Post IPO
₹30.25
P/E Pre IPO
35.12
P/E Post IPO
37.69
ROCE
42.91%
RoNW
37.13%
PAT Margin
8.95%
Price/Book
13.04
Market Cap
₹11,607 cr

Registrar and allotment status

Registrar
Kfin Technologies Limited
Allotment status
https://kosmic.kfintech.com/ipostatus/
Phone
04067162222, 04079611000
Email
lgelectronics.ipo@kfintech.com

Work out the listing gain for this IPO

How allotment works

If the retail portion is not fully subscribed, every valid application is allotted in full. If it is oversubscribed, SEBI's rules require that as many applicants as possible receive at least one lot, so the shares are allotted by a computerised lottery across all valid applications, one lot each, until the retail portion is exhausted. Applying for more lots does not improve your chance in a lottery; it only increases what you receive if the issue is under-subscribed.

The basis of allotment document, published by the registrar on the allotment date, states the ratio: for example, one applicant in seven received one lot.

Allotment status is published by the registrar on its website, searchable by PAN, application number or demat account, and also on the exchange's website. Allotted shares are credited to the demat account the day before listing, and blocked money for unsuccessful applications is released the same day. The Rupix app can check allotment status by PAN once the registrar publishes it.

What happens on listing day

Shares list within three working days of the issue closing. On listing day the exchanges run a special pre-open session from nine o'clock, during which orders are collected and an opening price is discovered from them; trading in the share begins after that, usually around ten. The opening price is the listing price that appears on this page once the issue has listed, and the listing gain or loss is the difference between it and the issue price.

For a mainboard issue, the share then trades in the normal way with the exchange's price band for a new listing. For an SME issue, shares trade in lots rather than one at a time, and the market can be thin, so selling on listing day is not always possible at the opening price. Capital gains on shares sold within a year of allotment are short-term and taxed at the short-term rate.

Questions about the LG Electronics India IPO

What is LG Electronics India IPO?

LG Electronics India IPO was a ₹11,607 crore book-built issue, made up entirely of an offer for sale. It was priced at ₹1,080–₹1,140 per share with a lot size of 13 shares (₹14,820). The IPO was open from October 7 to October 9, 2025 and was subscribed 54.02x. Shares listed on BSE and NSE on October 14, 2025 at ₹1,710.10, a 50.0% premium to the issue price of ₹1,140. Kfin Technologies Limited is the registrar.

Morgan Stanley India and 4 other book running lead managers manage the issue.

What is the price band of LG Electronics India IPO?

The price band of LG Electronics India IPO is ₹1080 to ₹1140 per share.

What is the lot size of LG Electronics India IPO?

The lot size of LG Electronics India IPO is 13 shares.

What is the minimum investment for LG Electronics India IPO?

The minimum investment for LG Electronics India IPO is approximately ₹14,820 based on the upper price band.

What is the allotment date of LG Electronics India IPO?

The allotment date of LG Electronics India IPO is Oct 10, 2025.

What was the GMP of LG Electronics India IPO before listing?

LG Electronics India IPO's final recorded GMP before listing was ₹415 per share (a 36% premium over the ₹1140 upper price band). The shares listed at ₹1710.1. GMP is unofficial and does not forecast or guarantee the actual listing price.

How has LG Electronics India IPO share price performed since listing?

LG Electronics India IPO listed on Oct 14, 2025. It was issued at ₹1710.1(NSE) and is currently around ₹1670.30 as on 2-Nov-2026 3:30 PM, which is approximately 46.5% versus issue price. The 52-week high is ₹1,825.00.

How to check LG Electronics India IPO allotment status?

You can check LG Electronics India IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the LG Electronics India IPO allotment status on Rupix for quick and easy access.

What was the price band of the LG Electronics India IPO?

₹1,080 to ₹1,140 per share, against a face value of ₹10. Most applicants bid at the cut-off price, the top of the band, so that the application was valid whatever price the issuer finally fixed.

What was the lot size of the LG Electronics India IPO?

One lot was 13 shares, and every application had to be a whole number of lots. At the top of the band that made the minimum application ₹14,820.

What was the minimum investment in the LG Electronics India IPO?

₹14,820, for one lot of 13 shares at the top of the price band. The amount was blocked in the applicant's bank account through ASBA or a UPI mandate while the issue was open, and released on the allotment date to applicants who were not allotted shares.

When did the LG Electronics India IPO open and close?

It opened on 7 October 2025 and closed on 9 October 2025.

When was the allotment of the LG Electronics India IPO?

The basis of allotment was published on 10 October 2025 by Kfin Technologies Limited, and allotted shares were credited to demat accounts before listing.

When did LG Electronics India list on BSE, NSE?

The shares listed on 14 October 2025 on BSE, NSE.

How large was the LG Electronics India IPO?

The issue size was ₹11607 crore. The offer for sale was 10,18,15,859 shares (aggregating up to ₹11607 crore).