Archive · 2 Oct 2025
LG India to Launch Rs 11,600 Cr IPO, Boost Expansion
LG Electronics India plans to sell shares to the public to raise about ₹11,600 crore.
This move is to become more 'future-ready' and expand their business.
The money will help LG grow in India's market by building new factories and expanding.
Recent government tax cuts and the overall market growth are expected to help LG.
LG India is the second-largest appliance and electronics company in India and this IPO will make it one of the most valuable consumer durables firms in the country.
LG India is launching an IPO to raise approximately ₹11,600 crore.
The IPO is an offer-for-sale by the South Korean parent, reducing its stake.
LG India ranks as the second-largest appliance and electronics company in India.
The company is investing in a new $600 million plant in Sri City.
A GST rate cut has improved affordability, driving premiumisation.
- Who
- LG Electronics India
- What
- Initial Public Offering (IPO)
- When
- October 7 (IPO opens)
- Where
- India
- Why
- To raise funds and expand business.
- Company
- LG Electronics India
- IPO Amount
- Rs 11,607 crore
- Share Price
- Rs 1,080 - Rs 1,140 per share
- Valuation
- Rs 77,400 crore (at upper end)
- Parent Company Stake Reduction
- 15%
- New Plant Location
- Sri City, Andhra Pradesh
- New Plant Investment
- $600 million (Rs 5,000 crore)
Sources
LG India aims to raise up to Rs 11,605 crore from IPO - Market News
LG to double capacity in 5 years; make India its global production hub
October IPO Wave To Result In Rs 30,000 Crore Plus Fund Raise
IPO frenzy revives as large corporates queue up with primary issuances