LG Electronics India Ltd (LGEIL), a subsidiary of LG Electronics Inc., was set up in 1997. It operates in the Indian home appliances and consumer electronics market with products like refrigerators, washing machines, televisions, and air conditioners. The company has two factories in Noida and Pune and sells through over 35,000 outlets along with more than 1,000 service centres across the country.
The company has a strong presence in multiple product categories and also exports to other countries. It draws on its parent company’s technology but also adapts products to Indian needs, such as inverter-based air conditioners.
In FY2025, LGEIL reported revenue of ₹24,366 crore and net profit of ₹2,203 crore. The company has no borrowings and has maintained high returns on capital. The IPO is structured as an offer for sale of up to 10.18 crore shares with a price band of ₹1,080-₹1,140 per share. After the issue, promoter shareholding will fall from 100% to 85%.
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