LG ELECTRONICS INDIA LIMITED is a leading manufacturer and seller of home appliances and consumer electronics in India, operating as a wholly-owned subsidiary of the global brand LG Electronics Inc. The company holds the number one market share in India's major home appliances and consumer electronics offline market across key product categories including washing machines, refrigerators, and televisions. Its business is structured into two main segments: the Home Appliances and Air Solution division, which includes products like refrigerators, washing machines, and air conditioners, and the Home Entertainment division, which covers televisions and monitors. With a 28-year history in India, the company operates two major manufacturing facilities in Noida and Pune and is planning a third in Andhra Pradesh.
Opening Date
Oct 07, 2025
Closing Date
Oct 09, 2025
Listing Date
Oct 14, 2025
IPO Type
Mainboard
IPO Status
Closed
Issue Size
11607.01 Cr
Fresh Issue
—
Offer for Sale
11607.01 Cr
Price Band
₹1080 - ₹1140
Lot Size
13
The objects of the Offer are to carry out the Offer for Sale and achieve the benefits of listing the Equity Shares on the Stock Exchanges.
To carry out the Offer for Sale of up to 101,815,859 equity shares by the Selling Shareholder, LG Electronics Inc., who will be entitled to the entire proceeds of the Offer.
To achieve the benefits of listing the Equity Shares on the Stock Exchanges, which is expected to enhance the company's visibility and brand image, and provide liquidity for the shares in India.
P/E Ratio
78.86
EPS
14.45
ROE
37.13%
ROCE
42.91%
RONW
37.13%
Debt to Equity Ratio
—
PAT Margin
8.95%
EBITDA Margin
12.76%
P/B
13.04
Leading market share in key product categories like washing machines, refrigerators, and televisions in India.
Strong brand recognition and access to innovative technologies through its global parent, LG Electronics Inc.
Extensive pan-India distribution network and one of the largest after-sales service networks among peers.
Robust in-house manufacturing capabilities with two advanced plants, ensuring operational efficiency and a localized supply chain.
High dependence on the promoter, LG Electronics Inc., for brand usage, technology, and research & development.
Revenue is heavily concentrated in the Home Appliances and Air Solution division, making it vulnerable to segment-specific downturns.
Does not own key operational properties, including its manufacturing units and corporate office, which are all on a leasehold basis.
Market share has declined in some core categories like refrigerators and washing machines due to strategic exits from entry-level segments.
Significant growth potential in India's underpenetrated appliances and electronics market, driven by rising disposable incomes.
Growing consumer preference for premium, energy-efficient, and smart (IoT-enabled) home products.
Expansion of organized retail and e-commerce channels, which improves product accessibility and market reach.
Increasing demand in the B2B segment for products like commercial air conditioning and digital displays.
Intense competition from domestic, Chinese, and other global players leading to significant pricing pressures.
Vulnerability to global supply chain disruptions and volatility in the prices of key raw materials like semiconductors, copper, and steel.
Potential changes in government policies, such as trade tariffs, import duties, and regulations on energy efficiency standards.
Rapid technological advancements and shifting consumer preferences require continuous and substantial investment in R&D to remain competitive.