Next week, the primary market will be very active with several IPOs. One of the highlights is LG Electronics India Ltd.’s IPO, which will be open from Tuesday, October 7th, to Thursday, October 9th, 2025.
It’s worth noting that Tata Capital’s IPO is also launching on October 6th.
Parent Company Selling Shares
In this much-anticipated IPO, LG Electronics Inc., the parent company, is selling 101.8 million shares. This IPO is entirely an offer-for-sale (OFS), which means the company will not receive any money from the sale of shares.
According to CNBC TV18, the shares being sold are valued at ₹11,500 crore (around $1.5 billion). This sale represents 15% of the parent company’s total stake.
The IPO is now valued at $9 billion, down from a previous estimate of $15 billion. As of now, LG Electronics India has not announced the price band for the IPO.
Morgan Stanley India Corporation Private Limited is appointed as the Book Running Lead Manager, while KFin Technologies will act as the Registrar.
Who Can Invest?
Qualified Institutional Buyers (QIBs): Up to 50% of shares will be reserved
Retail Investors: At least 35% of shares will be reserved
Non-Institutional Investors (NIIs): Minimum 15% of shares will be reserved
About LG Electronics India
Founded in 1997, LG Electronics India Limited manufactures home appliances and consumer electronics (excluding mobile phones) and manages distribution for these products.
The company is well-known for its televisions, refrigerators, washing machines, and air conditioners, with a strong customer base across India.
