What’s Happening?
LG Electronics is planning to list LG Electronics India on Indian stock exchanges. The company will be offering around 10.18 crore shares, making it a pure Offer for Sale (OFS). That means LG is not raising new money for the company—it’s selling part of its existing stake to the public.
The IPO is expected to be one of the largest in India this year, with estimates suggesting it could raise between ₹12,000 to ₹15,000 crore.
Why Now?
There are a few good reasons why LG chose this time to go public in India:
- Strong Market Position: LG has been a household name in India for over two decades. It is a market leader in home appliances like TVs, refrigerators, and washing machines.
- Expansion Plans: LG recently started work on its third manufacturing plant in India, with a huge investment of ₹5,000 crore in Andhra Pradesh. This shows the company’s long-term commitment to the Indian market.
- Favorable Sentiment: Investors are actively looking at consumer-focused businesses in India, especially brands with a strong legacy and nationwide reach.
Financial Performance:
LG Electronics India has posted steady growth over the years:
- FY23 Revenue: ₹20,109 crore
- FY24 Revenue: ₹21,557 crore
- Profit After Tax: Around ₹1,500 crore in FY24
These numbers reflect consistent performance and strong demand for LG products in
When is the IPO Coming?
Originally, the company filed its draft papers in late 2024. However, it hit pause in early 2025 due to market conditions and valuation concerns. Now, reports suggest that LG is planning to refile its IPO documents by September 2025, with a likely listing in late 2025 or early 2026, depending on market stability.
Should You Apply?
If you’re looking to invest in a company with a strong brand, steady profits, and long-term growth plans, LG Electronics India might be worth considering. However, keep an eye on the valuation and overall market mood closer to the IPO date.
