LG Electronics India Limited, a subsidiary of South Korea’s LG, is set to launch its Initial Public Offering (IPO) on October 7, 2025.
The share sale will remain open until October 9, while anchor investors can start bidding on October 6.
Price band: ₹1,080 to ₹1,140 per share
Face value: ₹10 per share
Grey market status: Not yet active
This IPO marks LG as the second South Korean company to list in India, after Hyundai Motor India Ltd.
which went public in October last year.
IPO Structure and Size
LG Electronics India filed its IPO prospectus with SEBI in December 2024 and received approval in March 2025.
The parent company will sell over 101.8 million shares (about 15% stake).
The issue is a pure Offer for Sale (OFS), meaning LG Electronics India will not receive funds; instead, the proceeds will go to the South Korean parent.
While the company has not disclosed the total size, reports estimate it to be around ₹15,000 crore.
LG’s Business in India
LG Electronics India is a leading manufacturer of household and electronic appliances, including:
Washing machines
Refrigerators
LED TV panels
Inverter air conditioners
Microwaves
The company operates factories in Noida (Uttar Pradesh) and Pune (Maharashtra).
On the financial side, LG Electronics India reported ₹64,087.97 crore operating revenue for the year ending March 31, 2024.
