LG Electronics India Ltd (LG India), a wholly owned subsidiary of South Korea's LG Electronics Inc, is set to open its initial public offering (IPO) for subscription from October 7 to October 9, 2025. The IPO, entirely an offer for sale (OFS) of 10.18 crore shares, is priced in the range of Rs 1,080 to Rs 1,140 per share, amounting to Rs 10,996 crore–Rs 11,607 crore. There will be no fresh issue component and the company will not receive any proceeds from the sale. Advertisement
At the upper price band, LG India's implied market capitalisation (m-cap) stands at around Rs 77,380 crore, while its enterprise value is estimated at Rs 73,714 crore. The issue is being managed by Axis Capital, Citigroup Global Markets India, Morgan Stanley India, JP Morgan India and BofA Securities India, with