LG Electronics India IPO: Apply or Skip? Complete Investment Guide

LG Electronics India needs no introduction. From refrigerators and air conditioners to TVs and washing machines, this brand has been a staple in Indian homes for years. Now, the company is opening its doors to public investors through one of 2025’s biggest IPOs, running from October 7 to October 9, 2025.

But before you apply, here’s everything you need to know the business model, financial numbers, risks, and what the grey market is saying about listing gains. Let’s dive in!

LG Electronics India IPO: Apply or Skip?

Is This IPO Right for You?

If you’re looking to bet on India’s rising consumption story and the premium home appliances market, LG Electronics India deserves a serious look. Here’s what makes this company stand out:

• Market dominance: LG leads in refrigerators, washing machines, and air conditioners, categories that matter most to Indian households.
• Strong manufacturing base: The company runs production facilities in Noida and Pune, with a new large-scale plant coming up in Sri City. This “Make in India” approach gives it cost and supply advantages.
• Pan-India reach: With 23 regional distribution centers and an extensive service network, LG can reach customers anywhere in the country.
• Clean financials: LG India’s profit jumped 46% to ₹2,203 crore in FY25 on revenue of ₹24,631 crore. LG India has zero debt, and its ROCE stands at 42.91% as of March 2025. These are signs of a well-run business.

Key Risk Factors to Consider

Every investment has downsides. Here’s what could go wrong with LG India:

• OFS Structure: Since this is purely an Offer for Sale, the ₹11,607 crore raised will go to LG’s Korean parent company, not to the Indian business. No fresh capital will come into LG India’s operations. If brand strength and market position matter more to you than capital deployment, this might still work for your portfolio.
• Intense Competition: Samsung, Voltas, Whirlpool, and a host of Indian brands are fighting for the same customers.  Maintaining leadership requires continuous innovation and marketing investments.
• Economic Sensitivity: Consumer durables are cyclical in nature and sensitive to discretionary spending trends, inflation levels, and broader macroeconomic conditions. Economic downturns can significantly impact sales volumes and pricing power.
• Import Dependency: Some advanced components still come from abroad. If the rupee weakens or supply chains get disrupted, LG’s margins take a hit. 

LG Electronics IPO Details

For more information, refer to the LG Electronics India IPO RHP.

Financial Performance

LG Electronics India IPO GMP Today

As of today, October 7, 2025, the grey market premium (GMP) for the LG Electronics IPO is reported to be in the range of ₹310 to ₹323 per share, reflecting an expected listing gain of approximately 27% to 28% over the IPO’s upper price band of ₹1,140 per share.

Keep in mind, GMP isn’t official. It’s based on informal trading and market sentiment. 

Conclusion

LG Electronics India brings together a globally recognized brand and solid fundamentals in one of India’s fastest-growing consumer markets. For investors wanting exposure to blue-chip consumer durables, this IPO ticks many boxes like zero debt, category leadership, and consistent profit growth.

However, the high valuation and OFS structure mean you need to think carefully about what you’re getting.

Apply for LG Electronics IPO here!

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This analysis is for informational purposes only.