LG Electronics India IPO 2025: Price Band, GMP, Dates, Subscription & Market Analysis

LG Electronics India IPO

The LG Electronics India IPO is one of the most anticipated public offerings of 2025, opening for subscription from October 7 to October 9, 2025. With a massive ₹11,607 crore Offer for Sale (OFS), the LG Electronics India Ltd IPO aims to list on both NSE and BSE, showcasing the strength of one of India’s most trusted consumer electronics brands. Investors are keenly tracking the LG IPO GMP, price band, and valuation details, as the South Korean giant looks to unlock value from its high-performing Indian arm.

The much-awaited LG Electronics India Ltd IPO is finally hitting the market, marking one of the biggest listings of 2025. As a subsidiary of LG Electronics South Korea, the Indian arm has built a strong brand presence in consumer durable, home appliances, and electronics.

After pausing its IPO plans earlier in the year, LG is now set to launch a massive ₹11,607 crore public issue, making it one of the largest Offer for Sale (OFS) issues in the Indian market.

This IPO is being closely watched not only for its scale but also for what it signals about foreign multinational confidence in India’s consumer market.


🏢 Company Overview

LG Electronics India Ltd is among the top players in India’s home appliance and consumer electronics sector, offering a wide range of products including:

  • Televisions
  • Refrigerators
  • Washing Machines
  • Air Conditioners
  • Mobile Devices and Smart Appliances

The company entered India in 1997 and has since built an expansive manufacturing base and distribution network. LG India has two major manufacturing facilities — in Greater Noida and Pune — and a vast service network across the country.

Its strong after-sales service, product innovation, and premium market positioning have made it a household name in India.

IPO

💰 IPO Details

ParticularsDetails
IPO TypeOffer for Sale (OFS)
IPO Size₹11,607 crore
Face Value₹10 per share
Price Band₹1,080 – ₹1,140 per share
Lot SizeTo be announced
IPO Opening DateOctober 7, 2025
IPO Closing DateOctober 9, 2025
Listing Date (Tentative)October 16, 2025
ExchangeNSE, BSE
Promoter Holding (Pre-IPO)100% (LG Electronics Inc., South Korea)
Offer for Sale (OFS)~101.8 million shares (~15% stake)
Post-IPO HoldingAround 85%

🌏 IPO Objective

This IPO is a pure Offer for Sale (OFS). Hence, no new funds will flow into the company — the proceeds will go directly to the parent company, LG Electronics South Korea.

The main objectives of the issue include:

  • Stake dilution to meet Indian listing norms.
  • Enhancing brand visibility in Indian capital markets.
  • Creating a public market for LG India’s shares to strengthen corporate governance and investor perception.

📈 Valuation & Market Capitalization

At the upper price band of ₹1,140 per share, LG Electronics India’s valuation is estimated at approximately ₹77,400 crore (around USD 8.7 billion).

Compared to Indian peers like:

  • Whirlpool India (₹18,000 crore)
  • Voltas (₹26,000 crore)
  • Blue Star (₹19,000 crore)

LG India commands a premium valuation, driven by its dominant market position, strong cash flow, and global brand backing.


🧾 Financial Performance

LG Electronics India has consistently maintained profitability, supported by its diversified product portfolio and strong operational efficiency.

Financial YearRevenue (₹ Cr)Net Profit (₹ Cr)EBITDA Margin
FY202219,8201,0858.6%
FY202322,4701,2859.1%
FY202424,9601,5409.5%

Key Highlights:

  • Steady double-digit revenue growth.
  • Healthy profit margins driven by cost efficiency and premium segment focus.
  • Strong return ratios and low debt levels.

🔍 Grey Market Premium (GMP)

As of early October 2025, the LG Electronics India IPO GMP is trending around:

💸 ₹145–₹155 per share

This indicates positive market sentiment, with an expected listing gain of about 12–14% if the current grey market trends continue.

However, GMP can fluctuate significantly depending on broader market sentiment and subscription levels in upcoming days.

https://aneriguidelines.com/finshots


📊 IPO Strengths

  1. Strong Brand Equity: LG is one of India’s most trusted and recognized brands.
  2. Diverse Product Portfolio: Offers products across multiple high-growth consumer segments.
  3. Pan-India Distribution: Wide retail, dealer, and service network.
  4. Technology & Innovation Leadership: Continuous product upgrades through global R&D.
  5. Robust Financials: Stable revenue growth and consistent profitability.

⚠️ Risks and Concerns

  1. Highly Competitive Market: Faces strong competition from Samsung, Whirlpool, Voltas, and Haier.
  2. Macroeconomic Sensitivity: Consumer durables are discretionary purchases; demand could slow in inflationary periods.
  3. No Fund Infusion: Since it’s an OFS-only IPO, funds won’t go to the company for expansion.
  4. Global Parent Dependence: Strategic decisions still guided by South Korea HQ.
  5. Currency & Import Risk: Many components are imported, exposing it to forex volatility.

📈 Market Outlook

India’s consumer electronics market is projected to grow at a CAGR of 10–12% between FY2024–2030, driven by:

  • Rapid urbanization
  • Increasing disposable income
  • Smart home adoption
  • Growing preference for premium appliances

LG’s strong brand positioning, service network, and premium pricing strategy place it well to capture this growth.


💼 Peer Comparison

CompanyRevenue (₹ Cr)PAT (₹ Cr)Market Cap (₹ Cr)P/E Ratio
LG Electronics India*24,9601,54077,400 (est.)~50x
Voltas11,50062526,00041x
Whirlpool India8,20038518,00047x
Blue Star10,30054019,00035x

*Projected based on IPO valuation.

Verdict: LG India’s pricing is on the higher end compared to peers but justified by scale, profitability, and brand strength.


📊 Subscription Expectations

Market experts expect strong subscription across categories:

  • QIB (Institutional): High demand due to brand stability.
  • HNI / NII: Active participation expected due to premium brand value.
  • Retail Investors: Anticipated oversubscription given strong brand visibility.

Expected Overall Subscription: 20x–25x, subject to market trends.


💡 Expert Review

“LG Electronics India IPO is a marquee offering with a global brand, consistent profitability, and large market presence. While valuation is premium, brand power and stable margins make it a strong long-term play.”

Market Analysts, ET Markets

Investors with a medium-to-long-term horizon may consider subscribing, especially given India’s rising demand for premium home appliances and consumer electronics.


📅 Important IPO Dates

EventDate
IPO Open DateOctober 7, 2025
IPO Close DateOctober 9, 2025
Allotment DateOctober 14, 2025
Refunds InitiatedOctober 15, 2025
Listing DateOctober 16, 2025

🧮 IPO Registrar & Lead Managers

  • Registrar: KFin Technologies Ltd
  • Book Running Lead Managers:
    • Kotak Mahindra Capital
    • ICICI Securities
    • Morgan Stanley
    • HSBC Securities

📰 Final Verdict: Should You Apply?

The LG Electronics India IPO offers a chance to invest in one of the most powerful global brands operating in India’s booming consumer market.

While valuations are on the higher side, the company’s growth potential, robust profitability, and market leadership make it a quality blue-chip IPO.

Verdict:Subscribe for Listing Gains and Long-Term Growth.


Subscription

Investor07 Oct 202508 Oct 202509 Oct 2025
 Anchor
 QIB
 Non-Institutional
 BNII
 SNII
Retail
Total

GMP Trend:

DateGMP
07 Oct 2025₹0.00(0.00%)
08 Oct 2025₹0.00(0.00%)
09 Oct 2025₹0.00(0.00%)
The grey market premium (GMP) is the price at which an IPO is traded in an unofficial/unregulated grey market prior to its listing. The GMP reflects how a particular company’s IPO issue might react on the day of listing. A positive GMP premiumsignals that the IPO is likely to be at profit while a negative GMP indicates that the IPO is likely to be at a discount.
It should be noted that IPO GMP is subject to extreme volatility, so an investment decision based solely on Patel Retail IPO GMP will prove risky. Therefore, before to investing, consider all factors and make the right investment decision whether to invest in Patel Retail IPO or not.

How to Check IPO Allotment Status:

KFINTECH

To check IPO allotment status, follow the steps below:

  1. Click on the below allotment status check button.
  2. Select Company Name.
  3. Enter your PAN Number, Application Number or DP Client ID (Anyone).
  4. Click on Search.

NSE Website

To check IPO allotment status, follow the steps below:

  1. Click on the below allotment status check button.
  2. Select Company Name.
  3. Enter your PAN Number, Application Number or DP Client ID (Anyone).
  4. Click on Search.

BSE Webiste

To check IPO allotment status, follow the steps below:

  1. Click on the below allotment status check button.
  2. Select Company Name.
  3. Enter your PAN Number, Application Number or DP Client ID (Anyone).
  4. Click on Search.

📌 Stock Market Disclaimer

  • Disclaimer: This post is for informational and educational purposes only and does not constitute financial advice or a recommendation to buy/sell any stock or share. Investing in the stock market involves risk. Past performance is not indicative of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.
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  • ⚠️ IPO (Initial Public Offerings)
  • IPO details, issue size, subscription data, and allotment status shared here are based on publicly available information from company filings, stock exchanges, and merchant bankers.
  • Investing in IPOs carries risks including listing volatility, business uncertainties, and sector performance dependency.
  • Neither acceptance of applications nor allotment guarantees profits. Investors should evaluate their risk appetite before subscribing.
  • ⚠️ GMP (Grey Market Premium)
  • Grey Market Premium (GMP) is an unofficial and unregulated indicator of expected IPO listing price.
  • GMP data is collected from market observers and informal trading circles; it does not have any legal or SEBI recognition.
  • GMP values are highly speculative and may differ significantly from actual listing prices. Investors should not rely solely on GMP while taking investment decisions.
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