LG Electronics India to launch a Rs 150,000 crore IPO in October, its biggest so far in 2025
Upcoming IPO, LG IPO: LG Electronics, a South Korean consumer electronics giant, will be open to India. The company plans to launch its initial public offering (IPO) in its Indian division in October, aiming to raise about Rs 15 crore by selling 15 per cent stake. This will be the largest IPO in 2025 so far.
The company initially planned to launch an IPO earlier this year, but was blocked by uncertain market conditions and global trade tensions. Now, as the market looks healthier, October seems to be the right time to move forward.
LG has received a green light from the Securities and Exchange Commission of India (SEBI), which approved the issue in March after filing its prospectus in December 2024.
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Top investment banks such as Morgan Stanley, JP Morgan, Axis Capital, Bofa Securities and Citigroup will manage IPOs while KFIN Technologies handles paperwork.
Riding a wave of IPO activities
This press conference was amid the buzzing IPO market in India. So far, nearly 30 companies have raised over Rs 60 billion in 2025, including HDB Financial Services, which raised Rs 125 crore on its own.
Tata Capital, Groww, Meesho, Phonepe, Boat and Lenskart will also be listed soon, with the IPO worth Rs 7 billion.
LG’s base in India
LG electronics are already a household name here, especially for household appliances and consumer electronics (except mobile phones). A recent Redseer report noted that LG leads the market in terms of quantitative sales in the quarter ended June 2024.
The company can cater to individuals and businesses and provides installation, repair and maintenance services. It also has one of India’s largest distribution networks, with over 36,000 retail touchpoints covering urban and rural areas.
