LG Electronics to launch Rs 11,500 crore IPO on October 7

Mumbai: LG Electronics will raise ₹11,500 crore through an IPO that will be open for subscription from October 7, according to the red herring prospectus (RHP). The issue, which will close on October 9, will comprise an offer for sale of 10.18 crore shares by the Korean parent, amounting to 15% of the company's equity.

On September 8, ET had reported that LG Electronics planned to launch its IPO in October.

Morgan Stanley India, JP Morgan India, Axis Capital, BofA Securities India, and Citigroup Global Markets India are the book-running lead managers to the issue. The IPO for anchor investors will open on October 6.


This will be the the third-largest in 2025 after Tata Capital (₹15,500 crore) and HDB Financial ₹12,500 crore).