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News Topical, Digital Desk : LG Electronics IPO: LG Electronics India's initial public offering (IPO) of ₹11,607 crore is available to investors from Tuesday, October 7. This is the third-largest IPO of 2025. It was preceded by Tata Capital's ₹15,500 crore IPO and HDB Financial's ₹12,500 crore IPO.
LG Electronics IPO Price Band
The price band of the IPO has been fixed at Rs 1,080 to Rs 1,140 per share. Retail investors can apply for 13 shares in a lot. This issue is purely an Offer for Sale (OFS), meaning the company will not receive any fresh capital from it. The South Korean parent company LG Electronics Inc. is selling its stake. The offer will remain open till October 9. LG Electronics IPO Details Before the IPO, the company has raised Rs 3,474 crore from anchor investors. This includes the Government of Singapore, Abu Dhabi Investment Authority, Government Pension Fund Global and 26 domestic mutual fund schemes of India.
LG Electronics IPO - Should you subscribe?
- SBI Securities has a 'Subscribe' rating and said LG India's in-house manufacturing capabilities are superior to its competitors. The company's valuation is attractive at a P/E ratio of 35.1 times.
- Elara Capital has a "long-term subscribe" recommendation, believing the consumer durables sector will see double-digit growth in the coming period. The company's business model is asset-light and its valuation is at a 50% discount to peers.
- Anand Rathi has also described this issue as 'reasonably priced' and has considered brand value and market leadership as the biggest strength of the company.
LG Electronics IPO GMP
LG India shares were trading at a premium of ₹250 per share in the gray market before the IPO opened. However, this is an estimated rate and the actual listing price may be different.
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