If you are investing in the stock market or planning to start, October could bring a big opportunity.
LG Electronics’ Indian subsidiary is preparing to launch its IPO in the week starting October 6.
Through this IPO, the company aims to raise around ₹11,500 crore.
After the IPO, LG India’s valuation is expected to be about $9 billion.
Earlier, when the company first filed documents in December, it was targeting a $15 billion valuation.
However, this figure has now been reduced.
The Securities and Exchange Board of India (SEBI) approved the updated draft red herring prospectus last Thursday, and the final version will be filed early next week.
Third Largest IPO of 2025
This IPO will be the third largest of the year, after the IPOs of HDB Financial Services Ltd. and Hexaware Technologies Ltd.
So far, new IPOs have raised more than $10 billion this year.
However, LG India’s final IPO size and date may still change as discussions are ongoing.
Long Discussions and Market Delays
LG India has been working on this IPO since last year.
In December 2024, the company filed its first documents with SEBI, planning to sell 101.8 million shares (15% stake) owned by the parent company.
Approval came in March 2025, but the launch was postponed due to market volatility.
The updated draft was filed last month.
September Breaks IPO Records
September 2025 has been a record-breaking month for IPOs in India.
For the first time in nearly 30 years, so many companies are hitting the market in a single month.
Around 25 companies are expected to list on the mainboard, raising more than ₹12,000 crore.
In 1997, the last time such activity was seen, 28 companies entered the market.
Along with big firms like Tata Capital, LG Electronics India, NSE, Hero FinCorp, digital companies such as Groww, PhonePe, Meesho, Shadowfax, and WeWork India are also preparing their IPOs.
