Mumbai: LG Electronics India Limited is coming out with its IPO priced at Rs 1,080 to Rs 1,140 per share – aggregating to Rs 11,600 crores – which will be listed on the NSE and BSE, and will open on October 7, 2025 and close on October 9, 2025.
The Offer comprises an Offer for Sale of upto 101, 815.859 equity shares.
Hong Ju Jeon, MD, LG Electronics India Limited, told media here recently that since the Company’s entry into India in 1997, it is presently providing over 26,000 direct and indirect jobs across the nation– thus contributing meaningfully to the country’s growth.
“The Company is also extending its impact in the B2B sector by offering advanced solutions — including HVAC systems, commercial displays, commercial laundry equipment, and electronic blackboard – supporting India’s industrial innovation and progress.”
“We are proudly supporting the Government of India’s +Make in India” and are expanding local sourcing of raw materials and components, accelerating use of automation and renewable energy – such as solar power – and building our third manufacturing plant – besides Noida and Pune — in Sri City (Andhra Pradesh) by November 2026,” he said, adding “Our promise is clear: we will continue to grow “in India”, “for India,” and “with India.”
Axis Capital limited, Citigroup Global Markets India Private Limited, Morgan Stanley India Company Private Limited, J P Morgan India Private Limited and BofA Securities Limited are the book running lead managers and KFin Technologies is the Registrar to the Offer.
