Overview

• The offering is a pure offer-for-sale by LG Electronics Inc., equal to about 15% of post-offer equity and implying a valuation of roughly Rs 73,307–77,380 crore.
• The float lands in a packed October calendar that also features Tata Capital’s Rs 15,512 crore issue and WeWork India’s Rs 3,000 crore offer.
• LG is investing $600 million in a new Sri City, Andhra Pradesh plant slated to start operations by November–December 2026, beginning with air-conditioners and compressors before adding washers and refrigerators.
• Executives highlight FY25 profit of Rs 2,203 crore on revenue of Rs 24,631 crore and say expansion will be funded from internal accruals.
• This would be 2025’s second-largest IPO after Tata Capital and among India’s top 10 by size, with an employee discount of Rs 108 per share in the offer.