Electric Equipments
Sub Sector: home appliances and consumer electronics
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).
KFin Technologies Limited
LG Electronics India operates in Electric Equipments and home appliances and consumer electronics. The Issue would be listed on MainBoard. The registrar of the Issue is KFin Technologies Limited. The IPO type of LG Electronics India is Book Building Process and Object of issue is
Merchant Banker of LG Electronics India IPO is 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
The DRHP (Draft Red Herring Prospectus) of LG Electronics India IPO was filed on 06 Dec 2024.
No, LG Electronics India IPO is not yet listed. See other upcoming MainBoard IPOs here.
The IPO open date and IPO close date of LG Electronics India are not available now. You can apply in LG Electronics India IPO online using either UPI or ASBA as a payment method. ASBA IPO application can be done through net banking of your bank account. UPI IPO application is also offered by brokers, though they don't handle any banking services.
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