New major event in the Indian financial market.
LG Electronics India has received SEBI approval to launch its mega Initial Public Offering (IPO), with an estimated size of ₹15,000 crore. This move comes after Hyundai Motor India’s record-breaking ₹27,000 crore IPO in 2024. The blog covers LG’s IPO details, potential market impact, and future plans.
LG Electronics India Gets SEBI Approval for ₹15,000 Crore IPO
In a significant move for the Indian stock market, LG Electronics India has received regulatory approval from the Securities and Exchange Board of India (SEBI) to launch its highly anticipated Initial Public Offering (IPO). The company is expected to raise around ₹15,000 crore, making it one of the largest IPOs by a consumer electronics company in recent years.
SEBI issued an observation letter to LG Electronics on March 13, 2025, enabling the company to proceed with the IPO within one year from the date of the letter. The regulatory clearance marks a major milestone for LG Electronics, which aims to leverage the Indian capital markets to fund its expansion plans.
LG Electronics to Follow Hyundai Motor’s IPO Success
LG’s IPO comes on the heels of Hyundai Motor India’s blockbuster debut. Hyundai successfully raised ₹27,000 crore through its IPO and listed on the Indian exchanges in October 2024. The offering was a massive success, attracting both retail and institutional investors.
Encouraged by Hyundai’s stellar market reception, LG Electronics is gearing up for a similar outcome. The IPO is expected to witness strong participation from domestic and foreign investors, given LG’s established brand reputation and market presence in India.
IPO Size and Structure: What to Expect
While LG Electronics India has not officially disclosed the IPO size, market estimates suggest the company is aiming to raise around ₹15,000 crore. The offering is likely to include:
- Fresh Issue of Shares: To raise new capital for business expansion and debt repayment.
- Offer for Sale (OFS): Allowing existing shareholders to sell a portion of their stakes.
If successful, LG’s IPO will be one of the biggest listings by a consumer electronics company in India, reflecting the growing appetite for large-scale public offerings in the country.
LG Electronics India: A Consumer Electronics Powerhouse
LG Electronics India, a subsidiary of South Korea’s LG Electronics Inc., is a market leader in the Indian consumer electronics and home appliances segment. The company offers a wide range of products, including:
- Televisions and home entertainment systems
- Refrigerators, washing machines, and air conditioners
- Smart devices and appliances
With a strong distribution network and a loyal customer base, LG enjoys significant brand equity in India. This brand strength is expected to drive high retail investor interest in its IPO.
