Bilkul Bazaar
LG Electronics India Sets IPO Price Band at ₹1,080–₹1,140 per Share; Offer Opens October 7, 2025
New Delhi I 6 Oct 2025
LG Electronics India Limited, a wholly owned subsidiary of LG Electronics Inc., has announced the price band for its upcoming Initial Public Offering (IPO) at ₹1,080 to ₹1,140 per equity share of face value ₹10 each.
The IPO, which is an Offer for Sale (OFS) of up to 101,815,859 equity shares by the promoter, LG Electronics Inc., will open for public subscription on Tuesday, October 7, 2025, and close on Thursday, October 9, 2025. The Anchor Investor bidding will take place on Monday, October 6, 2025.
Investors can bid for a minimum of 13 equity shares and in multiples thereof. A discount of ₹108 per share is being offered to eligible employees applying under the Employee Reservation Portion.
The IPO will be conducted through the Book Building Process in compliance with SEBI’s ICDR Regulations. Allocation under the Net Offer will be as follows:
Not more than 50% to Qualified Institutional Buyers (QIBs), with up to 60% of the QIB portion reserved for Anchor Investors, one-third of which is earmarked for domestic Mutual Funds.
At least 15% to Non-Institutional Investors (NIIs), further divided into two sub-categories based on application size.
At least 35% to Retail Individual Investors (RIIs).
Separate allocation will be made to eligible employees participating in the Employee Reservation Portion.
All investors (except Anchor Investors) must apply through the Application Supported by Blocked Amount (ASBA) process, using their bank accounts or UPI (for UPI Bidders). Anchor Investors will participate via a separate process and are not permitted to use ASBA.
The equity shares will be listed on BSE and NSE, with KFin Technologies Limited acting as the Registrar to the Offer. The book running lead managers (BRLMs) to the IPO are:
Axis Capital Limited
Citigroup Global Markets India Private Limited
Morgan Stanley India Company Private Limited
J.P. Morgan India Private Limited
BofA Securities India Limited
The offer is being made in accordance with Rule 19(2)(b) of the Securities Contracts (Regulation) Rules, 1957 and Regulation 6(1) of the SEBI ICDR Regulations.
For further information, refer to the Price Band Advertisement dated September 30, 2025 and the Red Herring Prospectus (RHP) available on the SEBI and stock exchange websites.