In what’s shaping up to be one of the most anticipated financial events of the year, South Korea’s LG Electronics is all set to launch its biggest-ever IPO
In what’s shaping up to be one of the most anticipated financial events of the year, South Korea’s LG Electronics is all set to launch its biggest-ever IPO in India. The company plans to raise a whopping ₹15,000 crore, making it the largest listing this year and one of the most closely watched capital market events in the country.
Set to hit the primary market this October, LG’s IPO is expected to grab headlines, attract marquee investors, and signal the growing appetite for foreign-led listings in India’s booming economy.
According to industry sources, the IPO is scheduled to open in the second week of October, with investor roadshows beginning in early October. The shares are likely to debut on domestic exchanges by the third week of the month.
The IPO comes after the Securities and Exchange Board of India (SEBI) gave its approval in March 2025, following an application originally filed in December 2024. This marks a significant milestone in LG’s India expansion story.
The IPO will involve the sale of around 10.2 crore shares, representing 15% of LG’s Indian subsidiary, through an offer for sale by its South Korean parent company. After the listing, LG Electronics will continue to hold a commanding 85% stake in its Indian operations.
This structure allows investors to participate in the growth of one of India’s most trusted consumer electronics brands while enabling LG to raise capital without diluting control.
At ₹15,000 crore, LG’s IPO will easily surpass HDB Financial Services’ ₹12,500 crore issue in June, which was the largest public offering earlier this year. It will also follow Hyundai Motor India’s ₹27,870 crore listing last October, the biggest-ever IPO in India’s history.
The listing of LG’s India business underscores the growing prominence of foreign investors and global corporations seeking deeper exposure to India’s consumer and technology markets.
Top global and domestic investment banks are handling the offering, ensuring a smooth execution and robust investor outreach. The IPO is being managed by:
Their combined expertise is expected to bolster investor confidence and ensure strong participation from both retail and institutional investors.
LG’s IPO was initially planned for April or May 2025, but the company decided to postpone the offering amid volatile market conditions. Trade tensions, shifting tariffs, and global headwinds affected valuations and investor sentiment.
Earlier, LG’s Indian arm was expected to be valued at around $15 billion, but it was later revised to approximately $10.5–11.5 billion to reflect current market realities.
Despite the delays, the company’s leadership believes that October’s market outlook is more favorable, with increased liquidity and investor appetite for high-quality assets.
India’s capital markets are witnessing an extraordinary phase of activity. So far in 2025, nearly 50 IPOs have collectively raised over ₹70,000 crore, and another ₹70,000 crore worth of offerings are in the pipeline.
Some of the upcoming high-profile listings include:
The strong pipeline reflects the depth and resilience of India’s primary market, making it an attractive destination for global investors.
For investors, LG’s IPO offers a rare opportunity to gain exposure to a global brand with deep roots in India’s consumer market. With electronics demand rising, especially in categories like smart appliances, connected devices, and energy-efficient solutions, LG’s growth prospects remain promising.
The IPO is expected to attract long-term investors focused on companies with strong brand equity, stable cash flows, and global operational expertise.
For retail investors, participation in the IPO could unlock access to one of the most sought-after listings of the year, while institutional investors may view it as a strategic opportunity to diversify portfolios with exposure to the fast-growing Indian consumer electronics segment.
LG’s listing is more than just a capital-raising exercise—it reflects the broader trend of foreign multinationals deepening their presence in India’s expanding economy. With increasing smartphone penetration, smart homes, and energy-efficient electronics, India offers unmatched growth opportunities for global brands.
Furthermore, regulatory clarity, improved infrastructure, and investor-friendly policies are encouraging such cross-border listings, making India one of the top destinations for foreign-led IPOs.
The ₹15,000 crore IPO of LG Electronics India is poised to be a landmark event in the country’s capital markets. With strong investor backing, expert management, and a favorable macroeconomic environment, the listing is expected to attract significant interest from investors across segments.
As India continues to grow as a global hub for technology, consumption, and innovation, LG’s IPO stands as a shining example of how multinational corporations are aligning their growth strategies with India’s future.
This October, all eyes will be on LG’s debut—an event that could reshape investor perceptions and set new benchmarks in India’s thriving IPO ecosystem.
