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LG operates as one of the leading players in home appliances and consumer electronics. The overall total addressable market (“TAM”) for the India appliances and electronics brands was estimated at approximately ₹3,245 billion (US$38.2 billion) in CY2024, having grown at a CAGR of approximately 12% from CY2019 to CY2024. As of the six months ended June 30, 2025 (annualized), TAM stands at approximately ₹3,505 billion (US$ 41.2 billion). It is projected to reach approximately ₹6,190 billion (US$ 72.8 billion) by CY2029P, growing at a five-year CAGR of approximately 14%. The TAM encompasses both B2C and B2B segments and excludes mobile phones. This reflects demand from households, commercial enterprises, and institutional buyers such as hospitals, hotels, and government bodies.
LGEIL’s strong parentage, access to innovative technologies and commitment to quality, positions it as a trusted brand in India. Some of the growth drivers are:
| Revenue | ₹24,366.63 cr | ₹25.00 cr | |
| PAT | ₹2,203.34 cr | ₹2.00 cr | |
| PAT Margin | 9.04 % | 8.20 % (-9.29%) | |
| EBITDA | ₹3,374.10 cr | ₹790.55 cr | |
| EBITDA Margin | 13.85 % | 12.62 % (-8.88%) | |
| ROE | 36.91 % | 7.92 % (-78.54%) | |
| ROCE | 42.91 % | 9.10 % (-78.79%) | |
| D/E | [●] | 0.00 |
LGEIL operates the largest distribution network among leading home appliances and consumer electronics players in India as of June 30, 2025, according to the Redseer Report. Its distribution network spans across urban and rural India through 35,640 B2C touch points for the three months ended June 30, 2025. It serviced consumers through a dedicated team 463 B2B trade partners as of June 30, 2025, and also had a team of 286 employees engaging in customer service as of June 30, 2025. It operates the largest distribution network among leading home appliances and consumer electronics players in India as of June 30, 2025, according to the Redseer Report. Its distribution network spans across urban and rural India through 35,640 B2C touch points for the three months ended June 30, 2025. As of the said date, it had 3796 employees on its payroll, and other 13368 contract engineers and 9463 contract sales promoters.
PE Ratio: 37.69x Average Sector PE Ratio: 29.44x
| QIB Shares Offered: | 20321026 |
| − QIB (Ex. Anchor) Shares Offered : | 20321026 |
| NII (HNI) Shares Offered: | 15240770 |
| - bNII > ₹10L: | 10160513 |
| - sNII < ₹10L: | 5080257 |
| Retail Shares Offered: | 35561796 |
| Total Shares Offered: | 71123592 |
| Application | Lot | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 13 | ₹14820 |
| Retail (Max) | 13 | 169 | ₹192660 |
| S-HNI (Min) | 14 | 182 | ₹207480 |
| S-HNI (Max) | 67 | 871 | ₹992940 |
| B-HNI (Min) | 68 | 884 | ₹1007760 |
Avg IPO Size (Sector Based):
₹ 756.92 cr.
Average Sector PE Ratio:
29.44 X
Listing Price:
₹ [●]
Lg Electronics India is the market leader in India in major home appliances and consumer electronics (excluding mobile phones) in terms of volume for the six-month period ending June 30, 2024, as per the Redseer Report. Additionally, They have been the number one player in this industry for 13 consecutive years (CY2011 to CY2023) as per the value market share in the offline channel in India, as noted in the Redseer Report. They are also market leaders in India across multiple product categories including washing machines, refrigerators, panel televisions, inverter air conditioners, and microwaves, based on the value market share in the offline channel (which is approximately 80% of the major home appliances and consumer electronics market (excluding mobile phones) in India in terms of value in the same period) for the six-month period ending June 30, 2024, according to the Redseer Report. Their Company was incorporated in 1997 as a wholly owned subsidiary of LG Electronics, which is the leading singlebrand global home appliances player in terms of market share by revenue in CY2023, according to the Redseer Report. They derive several benefits from our strong parentage including the LG brand which was listed on Interbrand’s Top 100 Best Global Brands in 2024. Their strong parentage, access to innovative technologies and commitment to quality, positions us as a trusted brand in India. LG was named as the Most Trusted Brand in India by Trust Research Advisory for four consecutive years (2020-2023).
Axis Capital Limited, based in Mumbai is the Lead Manager (BRLM) of LG Electronics IPO. Axis Capital Limited has handled (17) SME IPOs till date of which (76%) of the SME IPOs have been listed with listing gains. Read full review of Axis Capital Limited .
Bofa Securities India Limited, based in Mumbai is the Lead Manager (BRLM) of LG Electronics IPO. Bofa Securities India Limited has handled (17) SME IPOs till date of which (76%) of the SME IPOs have been listed with listing gains. Read full review of Bofa Securities India Limited .
Citigroup Global Markets India Private Limited, based in Mumbai is the Lead Manager (BRLM) of LG Electronics IPO. Citigroup Global Markets India Private Limited has handled (17) SME IPOs till date of which (76%) of the SME IPOs have been listed with listing gains. Read full review of Citigroup Global Markets India Private Limited .
J.P. Morgan India Private Limited, based in Mumbai is the Lead Manager (BRLM) of LG Electronics IPO. J.P. Morgan India Private Limited has handled (17) SME IPOs till date of which (76%) of the SME IPOs have been listed with listing gains. Read full review of J.P. Morgan India Private Limited .
Morgan Stanley India Company Private Limited, based in Mumbai is the Lead Manager (BRLM) of LG Electronics IPO. Morgan Stanley India Company Private Limited has handled (17) SME IPOs till date of which (76%) of the SME IPOs have been listed with listing gains. Read full review of Morgan Stanley India Company Private Limited .
LG Electronics India IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on LG Electronics India Financial Review Page
Merchant Banker(s) of LG Electronics India IPO: Axis Capital Limited , Bofa Securities India Limited , Citigroup Global Markets India Private Limited , J.P. Morgan India Private Limited , Morgan Stanley India Company Private Limited
LG Electronics India IPO subscription was X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
LG Electronics India IPO listed at a listing price of against the offer price of 1140.00.
The current market price of LG Electronics India is .
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