South Korean consumer electronics giant LG Electronics is set to launch a ₹15,000 crore initial public offering (IPO) in October 2025, marking the largest IPO in India in 2025. The company will offload 10.2 crore shares, representing a 15% stake in its Indian unit, through a pure Offer for Sale (OFS), with proceeds going entirely to the selling shareholder.

Key Details of the IPO

  • IPO Size: ₹15,000 crore
  • Shares Offered: 10.2 crore (15% stake)
  • Type: Pure Offer for Sale (OFS) – LG Electronics will not receive proceeds.
  • Timeline: Scheduled for the first half of October 2025 (previously planned for April-May 2025 but deferred due to market conditions).
  • Lead Managers: Morgan Stanley India, JP Morgan India, Axis Capital, BofA Securities India, Citigroup Global Markets India
  • Registrar: Kfin Technologies

Market Context

  • India’s primary market has been robust in 2025, with nearly 30 IPOs raising over ₹60,000 crore so far.
  • LG’s IPO will surpass HDB Financial Services’ ₹12,500 crore issue, making it the largest public issue of the year.
  • Upcoming IPOs worth ₹70,000 crore are expected from companies like Tata Capital, Groww, PhonePe, and Lenskart.

Strategic Significance

  1. Market Leadership: LG Electronics is a market leader in home appliances and consumer electronics (excluding mobile phones) in India, according to Redseer report for the quarter ending June 30, 2024.
  2. Distribution Network: Operates 36,401 B2C touchpoints across urban and rural India, the largest among major electronics brands, providing strong retail investor outreach.
  3. Investor Appeal: The company’s strong brand presence, extensive distribution, and leadership position make it well-poised to attract significant investor interest.

Summary

LG Electronics’ ₹15,000 crore IPO in October 2025 is set to be the largest public issue in India this year, reflecting renewed investor confidence. With market leadership, a wide distribution network, and strong brand recognition, the IPO is expected to garner significant attention from retail and institutional investors alike.

Disclaimer:
This article is intended solely for educational and informational purposes. The securities or companies mentioned are provided as examples and should not be considered as recommendations. Nothing contained herein constitutes personal financial advice or investment recommendations. Readers are advised to conduct their own research and consult a qualified financial advisor before making any investment decisions.

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