As per news reports, South Korean consumer electronics giant LG Electronics is set to launch its much-anticipated ₹15,000 crore initial public offering (IPO) in October 2025, marking the largest IPO in India this year. The company plans to offload 10.2 crore shares, representing a 15% stake in its Indian unit, through a pure offer for sale (OFS).
The IPO, initially planned for April-May 2025, was deferred due to unfavourable market conditions and global uncertainties. With improved investor sentiment and regulatory approval from SEBI secured in March 2025, LG Electronics has now scheduled the offering for the first half of October.
The IPO will be entirely OFS, meaning LG Electronics will not receive any proceeds from the issue. Instead, the funds will go to the selling shareholder, net of applicable taxes and expenses. The move is expected to further consolidate LG's position in the Indian consumer electronics market, where it already enjoys leadership in multiple segments.
As per the DRHP filed in December 2024, the IPO will be managed by Morgan Stanley India, JP Morgan India, Axis Capital, BofA Securities India, and Citigroup Global Markets India. Kfin Technologies will serve as the registrar for the issue.
India's primary market has been robust in 2025, with nearly 30 IPOs raising over ₹60,000 crore so far. LG’s offering will surpass HDB Financial Services’ ₹12,500 crore issue, making it the biggest of the year to date. Another ₹70,000 crore in IPOs is expected in the coming months, with Tata Capital, Groww, PhonePe, and Lenskart among those in the pipeline.
Read More: PhonePe Plans Confidential IPO Filing by September-End!
According to a Redseer report, LG Electronics was the market leader in India (excluding mobile phones) by volume in the three months ended June 30, 2024. The company sells a wide range of home appliances and consumer electronics to both B2C and B2B customers and provides repair and maintenance services.
As of June 30, 2024, LG operated 36,401 B2C touchpoints across urban and rural India, the largest distribution network among major electronics brands, making it well-positioned to attract retail investors during the IPO.
LG Electronics’ ₹15,000 crore IPO, slated for October 2025, is set to become the largest issue of the year, signalling renewed confidence in Indian markets. With strong brand presence, leadership in consumer electronics, and a wide distribution footprint, the public issue is likely to garner significant investor interest.
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Published on: Sep 8, 2025, 1:45 PM IST
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