LG Electronics IPO: Price, Analysis, Allotment, And GMP

LG Electronics IPO - Company Analysis

LG Electronics IPO, a Mainboard IPO, is a bookbuilding issue of Rs. 11,607.01 Cr by LG Electronics India Ltd., (LGEIL), a wholly owned subsidiary of LG Electronics Inc. (Korea), incorporated in 1997.

Business Segments:

• Home Appliances

• Air Solutions

• Home Entertainment.

 

LG Electronics IPO Details

The LG Electronics India Ltd IPO open date is from Oct 07 to Oct 09, with IPO allotment on Oct 10, refund initiation on Oct 13, 2025.

The Rs. 11,607.01 Cr mainline IPO comprises a wholly offer for sale (OFS) of 10.18 crore shares. 

The LG Electronics IPO listing date might be on Tuesday, 14 October 2025, and it will be listed at the BSE and NSE. The LG Electronics IPO price band is Rs. 1080 to Rs. 1140 for each Share. 

Events	Date
IPO Opening Date	October 07, 2025
IPO Closing Date	October 09, 2025
IPO Allotment Date	October 10, 2025 (Tentative)
Refund Initiation	October 13, 2025 (Tentative)
Tentative IPO Listing Date	October 14, 2025

 

Industry Outlook

India’s appliances and electronics market is expected to grow from CY2024 to CY2029 at a CAGR of 11%.

If you want to apply for the IPO, click to open a Demat Account.

 

 

Company Financial 

(Amount in Cr)

Period	Three Months Ended 30 Jun 2025	31 Mar 2025	31 Mar 2024
Assets	11,516.44	11,517.15	8,498.44
Total Income	6,337.36	24,630.63	21,557.12
Profit After Tax	513.26	2,203.35	1,511.07
EBITDA	716.27	3,110.12	2,224.87
Net Worth	6,447.85	5,933.75	3,735.82
Reserves & Surplus	5,805.50	5,291.40	3,659.12

 

Cash Flows

The cash flows for various activities are shown below:

(Amount in Mn)

Net Cash Flow In Multiple Activities	FY25	FY24	FY23
Net Cash Flow Operating Activities	16,538.92	16,654.61	18,708.28
Net Cash Flow Investing Activities	(275.45)	(204.57)	(2,740)
Net Cash Flow Financing Activities	(1,064.54)	(21,852.53)	(25,607.31)

 

Revenue Bifurcation 

 

(Source RHP)

The Objective of The Issue

• Since this IPO is a pure OFS, the company will not receive any proceeds. 

Click to check the IPO application status.

Listed Peers of LG Electronics India Ltd.

Company Name	Face Value (Rs. per Share)	EPS (Rs.)	P/E (x)
Havells	1	23.49	64.14
Voltas	1	25.43	52.68
Whirlpool	10	28.30	43.53
Blue Star	2	28.76	65.59

 

Valuation

Metric	Value
ROCE	42.91%
RoNW	37.13%
PAT Margin	8.95%
EBITDA Margin	12.76%
Price to Book Value	13.04

 

 

Evaluation of P/E Ratio

The LG IPO price of Rs. 1140 corresponds to a P/E multiple of 35.12x based on FY25 EPS of Rs. 32.46.

Explore the WeWork India IPO.

IPO's Strengths

• Outstanding recognition in the consumer marketplace and brand leadership of LG across multiple sectors.

• Manufacturing across industries with localised benefits.

• All-India distribution and service infrastructure.

• Parent company support of LG Electronics Inc., Korea.

• Financial growth and profitability trends are considerably robust.

 

IPO Weaknesses

•  Completely OFS – no fresh infusion of funds.

•  Competitive consumer durable market.

•  Raw material price volatility (imports, commodities) exposure.

•  Seasonal demand (refrigerators, ACs) dependence.
  
  

LG Electronics IPO GMP 

LG Electronics IPO GMP today is Rs. 0 as of 01 Oct 2025, while writing this information. 

 

LG Electronics Limited IPO Summary

IPO Opening & Closing Date	Oct 07, 2025 to Oct 09, 2025
Face Value	Rs. 10 per Share
Issue Price	Rs. 1080 to Rs. 1140
Lot Size	13 Shares
Issue Size	10,18,15,859 Shares (Rs. 11,607.01 Cr)
Offer for Sale	10,18,15,859 Shares (Rs. 11,607.01 Cr)
Fresh Issue	-
Listing At	BSE, NSE
Issue Type	Book Built Issue IPO
Registrar	Kfin Technologies Ltd.

 

 

LG Electronics IPO Lot Size

The IPO allows retail investors to invest in a minimum and maximum of 1 Lot (13 Shares) amounting to Rs. 14820 and 13 Lots (169 Shares) amounting to Rs. 1,92,660, respectively, while for S-HNI investors, the minimum Lot is 14 (182 Shares) amounting to Rs. 2,07,480.

Minimum Lot Investment (Retail)	1 Lot
Maximum Lot Investment (Retail)	13 Lots
SHNI (Minimum)	14 Lots
SHNI (Maximum)	67 Lots
BHNI (Minimum)	68 Lots

LG Electronics IPO Reservation

Institutional Share Portion	50%
Retail Investors' Share Portion	35%
Non-Institutional Shares Portion	15%

 

LG Electronics IPO Allotment Status

To check the LG Electronics IPO allotment status, visit the official Registrar’s website or the BSE website. Below are the website links for you.

Using BSE Website - ​BSE IPO allotment status

 

Promoters And Management of LG Electronics India Ltd.

• LG Electronics Inc.
  
  

Pre-Issue Promoter Shareholding	100%
Post-Issue Promoter Shareholding	85%

 

LG Electronics IPO Lead Managers

• Axis Capital Limited

• Citigroup Global Markets India Private Limited

• Morgan Stanley India Company Private Limited

• J.P. Morgan India Private Limited

• BofA Securities India Limited.

 

Dividend Policy

The company has paid an interim dividend of Rs. 20,928.82 Mn and Rs. 24,888.32 Mn in FY24 and FY23, respectively.

Conclusion

LG Electronics India IPO gives investors an opportunity to engage with a consumer durables brand with strong fundamentals and consistent profitability. Even though the valuation is likely on the higher side and the issue is a pure OFS, the growth outlook in India’s appliances and electronics sector continues to be positive.

 

Finowings IPO Analysis

Hope you enjoyed the Finowings IPO Analysis. We tried our best to give every required detail about the company that you should know before applying to the IPO. 

You must consult your financial advisor before making any financial decisions. 

To Apply for the IPO, Click Here.

To Read the Prospectus of the Company Click Here to Download the DRHP.

Click Here To Stay Updated With The Upcoming IPOs.

DISCLAIMER: This blog is NOT any buy or sell recommendation. No investment or trading advice is given. The content is purely for educational and information purposes only. Always consult your eligible financial advisor for investment-related decisions.