LG Electronics IPO
IPO Price Range: Not Announced Yet
LG Electronics Inc. is the promoter of LG Electronics India Limited.
LG Electronics IPO offer does not include the fresh issue. The company is selling up to 101,815,859 equity shares in the offer for sale (OFS) , which is expected to be around ₹15,000 crore.
LG Electronics DRHP (Draft Red Herring Prospectus) was filed on December 6, 2024. LG Electronics IPO received SEBI’s approval in March 2025.
IPO Status
Upcoming
Listing Exchange
NSE
LG Electronics Brands, Products & Services
| Product | Home appliances and consumer electronics |
| Known For | Manufactures home appliances |
| Top Products | Refrigerators, Washing machines, Air conditioners |
LG Electronics Key Financials
Objectives of LG Electronics IPO
Listed Competitors of LG Electronics
Voltase
Voltas is primarily known for air conditioners and cooling solutions; it operates the Voltas Beko JV for home appliances like refrigerators, washing machines, and dishwashers.
Whirlpool
Whirlpool is a global home appliance brand with a strong presence in India, offering refrigerators, washing machines, microwaves, and kitchen appliances.
Havells
Havells is a diversified electrical equipment company offering fans, kitchen appliances, air coolers, and water heaters under brands like Havells and Lloyd (for ACs and TVs).
Unlisted Competitors of LG Electronics
Godrej Appliances
Godrej Appliances is a part of Godrej & Boyce; it manufactures refrigerators, washing machines, air conditioners, and microwaves tailored for Indian consumers.
Strengths and Risks of LG Electronics IPO
Strengths
Market Share: LG Electronics is a leading player in the product categories, including washing machines (33.5% sales value market share), refrigerators (28.7%), panel televisions (25.8%), inverter air conditioners (19.4%), and microwaves (45.8%). For 13 consecutive years (2011 to 2023), LG has been the number one player in the industry.
Technological Innovation: Over the 27 years in India, LG has launched many industry first products, including OLED TVs in 2015, and was among the first to introduce 4K and Smart TVs in 2011. LG also led the shift to 100% inverter ACs in 2017 and was the first to introduce microwaves in 1999.
Distribution Network: Among industry peers, LG Electronics operates the largest distribution network as of June 2024. It has a B2C network of 36,401 touch points (including LG BrandShops, modern trade stores, online touch points, etc. along with an extensive reach to consumers via its website and e-commerce marketplaces.
Manufacturing Capabilities: LG has one of the largest in-house production capacities located in Noida and Pune, as of June 2024. These capacities aggregately accounted for 84.18%, 85.73%, 85.28%, and 84.17% of our overall sales in the three months ended June 30, 2024, and Fiscals 2024, 2023, and 2022, respectively.
Risks
Dependence on Promoter may pose operational Risks: The company is supported in many ways by LG Electronics Inc., the promoter, and pays royalties to it. Any adverse change in this relationship can impact the business of the company.
Cost of Raw Materials: Any rise in cost and unavailability of raw material driven by global economic conditions, geopolitical tensions, weather events, tariffs, and currency fluctuations can impact the financials of the company directly, as the company purchases materials from both domestic and international suppliers.
Dependency on top suppliers: LG’s top five and top 10 suppliers contributed 21.45% and 31.44% of our total purchases of raw materials in Q1 FY25. Any interruption in availability and misconduct can adversely impact the business performance.
Reliance on Core Product Categories: Around 70% of LG’s revenue comes from home appliances and the air solution division. Any decline in demand might be harmful to the company.
Frequently Asked Questions of LG Electronics IPO
What is 'pre-apply' for LG Electronics IPO?
'Pre-apply' for LG Electronics IPO indicates your interest in the IPO before it opens for subscription. This ensures quick application when the IPO goes live.
What would be the listing gains on the LG Electronics IPO?
The potential listing gains on the LG Electronics IPO will depend on various market factors and cannot be predicted with certainty.
When is LG Electronics IPO coming?
LG Electronics IPO date is yet to be announced. LG filed the DRHP in December 2024.
What is LG Electronics IPO price?
The LG Electronics IPO price has not been decided yet.
What are the open and close dates of the LG Electronics IPO?
The LG Electronics IPO date is yet to be declared.
What is the allotment date of LG Electronics IPO?
The LG Electronics IPO allotment date has not been announced yet.
Can we invest in LG Electronics IPO?
Yes, once the LG Electronics IPO opens, you can invest in the company’s shares.
What is the lot size of LG Electronics IPO?
Hero LG Electronics IPO lot size is yet to be decided.
What is the issue size of LG Electronics IPO?
The LG Electronics IPO issue size includes an offer for sale (OFS) of 101,815,859 equity shares.