LG Electronics India
BSE, NSE₹N/A / N/A Shares
IPO Details
LG Electronics India IPO is priced between ₹N/A per equity share, with a face value of ₹10 per share. The company's equity shares will be listed on the BSE, NSE, and Kfin Technologies Limited is managing the issue as the registrar.
The IPO bidding period opened on N/A, and closed on N/A. The allotment results will be announced on N/A, with a tentative listing date set for N/A.
The total issue comprises OFS : 10,18,15,859 shares, amounting to ₹[.] Cr.
LG Electronics India IPO Highlights
| IPO Date | Listing Date | Face Value | Price Band | Lot Size | Fresh Issue | Offer for Sale | Listing At |
|---|---|---|---|---|---|---|---|
| TBA - TBA | Invalid Date | ₹10 Per Equity Share | ₹N/A per equity share | - | Shares | 10,18,15,859 shares | BSE, NSE |
LG Electronics India IPO Timeline
Issue Price
₹N/A per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE, NSERegistrar
Kfin Technologies LimitedMarket Lot
N/A Shares (₹N/A/-)Lead Manager
Morgan Stanley India Company Pvt LtdJ.P. Morgan India Private LimitedAxis Capital LimitedBofa Securities India LimitedCitigroup Global Markets India Private LimitedIssue Size
OFS : 10,18,15,859 shares(aggregating up to ₹[.] Cr)Retail Portion
35%Subscription
N/A timesIPO Docs
DRHPLG Electronics India IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 30 Jun 24 | 9253.05 | 6466.8 | 679.65 | - | - | - |
| 31 Mar 24 | 8498.44 | 21557.12 | 1511.07 | - | - | - |
| 31 Mar 23 | 8992.12 | 20108.58 | 1348.02 | - | - | - |
| 31 Mar 22 | 9419.24 | 17038.01 | 1205.6 | - | - | - |
All values are in ₹ Cr.
About Company
Established in 1997, LG Electronics India Limited is a producer and distributor of home appliances and consumer electronics (except mobile phones). The company retail products to B2C and B2B consumers within India and abroad. The company provide installation services, and repair and maintenance services for all our products.
LG Electronics India Limited run the business under two segments:
1. Home Appliances and Air Solutions and
2. Home Entertainment.
The company operates 2 manufacturing facilities, 2 central distribution facilities, 23 regional distribution facilities, and 51 branch offices and is serviced by 31,291 sub-dealers as of June 30, 2024.
LG Electronics has two state-of-the-art manufacturing facilities in Noida (the Noida Manufacturing Unit) and Pune (the Pune Manufacturing Unit). The company have 25 product warehouses forming a pan-India supply chain network with two central distribution centers (CDCs) and 23 regional distribution centers (RDCs) as of June 30, 2024.
The firm has a total of 282 employees as of June 30, 2024, and 472 B2B trade partners as of June 30, 2024. The firm also has services provided by 949 service centers in urban and rural India, backed by 12,590 engineers and four call centers, as of June 30, 2024.
LG Electronics India IPO - Issue Objectives
- The company will not receive any proceeds from the Offer and all the Offer Proceeds will be received by the Selling Shareholder.
LG Electronics India
A 24/6, Mohan Cooperative Industrial Estate, Mathura Road, New Delhi 110 044, Delhi, IndiaKfin Technologies Limited
Phone: 04067162222, 04079611000