LG Electronics India Ltd. | Globe Capital Market LTD.
LG Electronics India Ltd.
Closed
Price Band
₹1080 to ₹1140 per share
IPO Issue Period
October 7, 2025 to October 9, 2025
Issue Size
₹11,607.01 Cr
Face value
₹10 per share
Fresh issue
₹11,607.01 Cr
Offer for sale
NIL
Employee Discount
₹108.00
Minimum Shares for Retail
13 Shares
Listing on
BSE, NSE
Issue Type
Book Built Issue IPO
Registrar to the Issue
Kfin Technologies Ltd.
Tentative Listing Date
Tue, Oct 14, 2025
QIB
50%
NII
15%
Retail
35%

Morgan Stanley India Co.Pvt.Ltd.
JP Morgan India Pvt.Ltd.
Axis Capital Ltd.
BOFA Securities India Ltd.
Citigroup Global Markets India Pvt.Ltd.

LG Electronics India Limited (LGEIL) is the dominant player in India’s major home appliances and consumer electronics (excluding mobile phones) market, consistently ranking number one by value share in the offline channel for the last three years and the first half of CY2025. The company leverages its strong parentage under LG Electronics, a leading global home appliances brand, to benefit from the ‘LG’ brand equity and access to innovative technologies.

LGEIL operates a wide product portfolio and leads the market across key categories like washing machines, refrigerators, and air conditioners. Its success is underpinned by a robust pan-India distribution and service network, which is the largest among its peers, reaching both urban and rural consumers through over 35,000 B2C touch points. It has one of the largest in-house production capacities in the sector and is further expanding this capacity with a planned third unit in Andhra Pradesh, cementing its long-term market commitment. This established leadership, comprehensive product offering, and extensive network position LGEIL for sustained performance in the growing Indian consumer durable space.

For the year/period ended (Rs. in Cr.)

FY25 FY24 FY23
Total Revenue 24630.63 21557.12 20108.58
Profit After Tax 2203.35 1511.07 1344.93
EPS 32.46 22.26 19.81
EBITDA Margin (%) 12.76 10.42 9.54
PAT Margin (%) 8.95 7.01 6.69

 

For year/ period ended ( in Cr.)

Company Name Market Cap (Cr.) Price P/BV P/E Sales (Cr.)
FY25
Net Profits(Cr.)
FY25
LG Electronics India Ltd 77380.05* 1140 13.04 37.69 24630.63 2203.35
Havells India Limited 93070 1484 11.2 65.9 21778 1470
Voltas Limited 44789 1354 6.9 69.1 15413 834
Whirlpool India Limited 14905 1175 4.33 48.2 7421 313
Blue Star Limited 38553 1875 12.6 72.1 11968 591

*Market cap @upper band

 

  • Market Leadership: Consistently the number one player in India’s home appliances and consumer electronics by value share across key product categories.
  • Brand and Innovation: Leverages strong parentage from LG Electronics to introduce tailored, innovative and premium technologies to Indian consumers.
  • Extensive Reach and Service: Operates the largest pan-India distribution network and one of the largest after-sales service systems, enhancing customer experience.
  • Operational and Financial Efficiency: Maintains high capital efficiency and superior profitability through strong in-house manufacturing and a localized supply chain.

The objects of the Offer are to

  • To carry out the Offer for Sale of up to 101,815,859 equity shares of face value of ₹ 10 each by the Selling Shareholder.

To achieve the benefits of listing the Equity Shares on the Stock Exchanges. Further, the Company expects that listing of the Equity Shares will enhance our visibility and brand image and provide liquidity and a public market for the Equity Shares in India

At the upper band of IPO ₹ 1140, the stock is valued at 37.69 P/E multiple. Hence, well-informed investors subscribe for medium to long term perspective.

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