LG Electronics India is set to initiate a significant IPO from October 7 to 9, 2025. The South Korean parent company plans to offer 10.18 crore shares, with all proceeds benefiting the shareholders. Share prices will be revealed shortly. Prior to the IPO, the firm will secure funds from anchor investors on October 6. Initially postponed due to market instability, the IPO will proceed as planned. LG Electronics holds a reputable position in India, dominating the market in home appliances and electronics, excluding mobile devices. In 2024, the company achieved the highest revenue and profit, surpassing competitors like Havells, Voltas, Whirlpool India, and Blue Star.
The Indian appliances market is rapidly expanding and is anticipated to continue this growth trajectory in the upcoming years.