The LG Electronics India IPO has captured massive investor attention as one of the most anticipated listings of 2025. Backed by the global brand LG Electronics Inc., the company’s Indian arm aims to unlock shareholder value through this public issue. With India’s consumer electronics market booming and household demand for premium appliances on the rise, this IPO comes at a time when investors are optimistic about long-term growth.
However, the Grey Market Premium (GMP) trends and valuations are closely watched, as the issue size and strong brand value make this IPO one of the biggest in its category this year.
About the Company
LG Electronics India Ltd. is a subsidiary of the South Korean multinational LG Electronics Inc., a global leader in consumer electronics, home appliances, and digital displays.
In India, LG has established a strong footprint with manufacturing plants in Noida and Pune, supported by a vast sales and service network across 800+ cities. The company’s product portfolio includes:
- Televisions and Home Entertainment Systems
- Refrigerators and Washing Machines
- Air Conditioners and Microwave Ovens
- Monitors and IT products
With its “Life’s Good” brand philosophy, LG has become synonymous with reliability, innovation, and high-quality appliances catering to millions of Indian households.
LG Electronics IPO Details
| Particulars | Details |
|---|---|
| IPO Opening Date | October 7, 2025 |
| IPO Closing Date | October 9, 2025 |
| Price Band | ₹1,080 – ₹1,140 per share |
| Face Value | ₹10 per share |
| Lot Size | 13 shares |
| Minimum Investment (Retail) | ₹14,820 (for 1 lot at ₹1,140) |
| Issue Size | ₹11,607 crore |
| Type of Issue | 100% Offer for Sale (OFS) |
| Shares Offered | 10.18 crore shares |
| Promoter Stake Post-IPO | ~85% (from 100%) |
| Allotment Date | October 10, 2025 |
| Refunds & Demat Credit | October 13, 2025 |
| Listing Date | October 14, 2025 (Tentative) |
| Listing Exchanges | BSE, NSE |
| Registrar | KFin Technologies Ltd. |
| Book Running Lead Managers | Morgan Stanley, JP Morgan, Citigroup, Axis Capital, BofA Securities |
Grey Market Premium (GMP) Update
As of October 8, 2025, the LG Electronics IPO GMP stands at ₹24–₹29, indicating a potential listing price of ₹1,164–₹1,169 per share, roughly 2–3% above the upper price band.
GMP Trend Analysis:
- October 6: ₹18
- October 7: ₹24
- October 8: ₹29
The rising GMP suggests strong investor sentiment and a possible listing gain. However, experts caution that GMP is an unofficial indicator and actual listing gains depend on market conditions on the debut day.
Financial Summary (₹ in crore)
| Financial Year | Revenue | Net Profit | EPS (₹) |
|---|---|---|---|
| FY23 | 22,905 | 1,982 | 28.47 |
| FY24 | 23,956 | 2,121 | 30.88 |
| FY25 (Projected)** | 24,367 | 2,203 | 32.46 |
Highlights:
- Consistent revenue growth driven by premium product mix.
- Stable profit margins with strong cash generation.
- Healthy Return on Net Worth (RoNW): 37.13% and EBITDA margin ~13%, superior to peers like Voltas and Whirlpool.
Strengths and Risks
Key Strengths
- Market Leadership: Dominant presence across multiple consumer electronics categories.
- Brand Trust: Backed by LG’s global reputation and extensive service network.
- Strong Financials: High profitability and efficiency with low leverage.
- Manufacturing Base in India: Helps in localization and cost optimization.
- Growing Market Opportunity: Expanding middle class and rising urban demand.
Key Risks
- 100% OFS Issue: No fresh capital infusion into the company.
- Competitive Industry: Faces strong competition from Whirlpool, Samsung, and Voltas.
- Dependence on Consumer Demand Cycles: Sensitive to discretionary spending trends.
- Foreign Exchange Risks: Being a subsidiary of a Korean multinational, some forex exposure remains.
Expert Review
Analysts across major brokerages including Moneycontrol, Upstox, and Economic Times have rated the IPO as “Subscribe”, citing:
- Reasonable valuation at a P/E of ~35x FY25 EPS compared to peers trading at 45–65x.
- Robust growth potential in the Indian consumer durables sector.
- Solid financial performance with industry-leading margins.
However, some experts note that the entirely OFS structure and global market volatility could limit short-term upside. Still, the strong brand recall and dominant market share make it appealing for long-term investors.
Conclusion: Apply, Avoid, or Wait?
✅ Verdict: Apply (Long-Term Investors)
The LG Electronics India IPO is fundamentally strong with impressive financial metrics, robust brand equity, and leadership across multiple consumer product segments.
While the OFS nature means the company won’t receive fresh capital, the valuation discount vs peers and healthy GMP trend suggest potential listing gains and solid long-term prospects.
FAQs
What is the GMP of LG Electronics IPO today?
As of October 8, 2025, the LG Electronics IPO GMP is around ₹24–₹29, indicating a possible 2–3% listing premium.
What are the LG Electronics IPO dates?
The IPO opened on October 7, 2025, and closed on October 9, 2025.
What is the LG Electronics IPO allotment date?
The allotment is expected to be finalized on October 10, 2025.
When will LG Electronics shares list on the stock exchanges?
The shares are expected to list on October 14, 2025, on NSE and BSE.
5. Is LG Electronics IPO good for long-term investment?
Yes, given LG’s strong market position, stable growth, and brand strength, the IPO appears attractive for long-term investors.
What is the lot size and minimum investment for retail investors?
The minimum lot size is 13 shares, requiring an investment of approximately ₹14,820 at the upper price band.
Sources
- Moneycontrol
- Chittorgarh
- LG Electronics India Limited (SEBI Filings)
