March 10, 2025
admin
LG Electronics IPO GMP, Details, Guidance, Subscription Status, allotment @ Chanakyanipothi.com
A legacy of 31 Years.
India`s Oldest Investment & IPO website.
Most Trusted by Investors across India.
Table of Contents
- GMP
- Reviews
- Subscription
- Allotment
What is the latest news relating to LG Electronics IPO?
On 13th March 2025, the company has received green signal to its IPO.
What is the latest GMP of LG Electronics IPO?
Click
LG Electronics IPO Subscriptions
|
|||||
| QIB | B HNI X | S HNI X | NII X | RII X | Total X |
| Applications: / (?x) Amount wise Bids recd. Rs. ? Crore |
|||||
What it the promoter of LG Electronics IPO?
THE PROMOTER OF THE COMPANY is LG ELECTRONICS INC
What are the Objects of LG Electronics IPO?
This is the offer for sale.
What is the business of LG Electronics?
LG Electronics is the market leader in India in major home appliances and consumer electronics (excluding mobile phones) in terms of volume for the six-month period ending June 30, 2024.. Additionally, it has been the number one player in this industry for 13 consecutive years (CY2011 to CY2023) as per the value market share in the offline channel in India. It is also market leaders in India across multiple product categories including washing machines, refrigerators, panel televisions, inverter air conditioners, and microwaves, based on the value market share in the offline channel (which is approximately 80% of the major home appliances and consumer electronics market (excluding mobile phones) in India in terms of value in the same period) for the six-month period ending June 30, 2024.
The Company was incorporated in 1997 as a wholly owned subsidiary of LG Electronics, which is the leading single brand global home appliances player in terms of market share by revenue in CY2023. It derives several benefits from its strong parentage including the “LG” brand which was listed on Interbrand’s Top 100 Best Global Brands in 2024. Its strong parentage, access to innovative technologies and commitment to quality, positions it as a trusted brand in India. “LG” was named as the Most Trusted Brand in India by Trust Research Advisory for four consecutive years (2020-2023).
The company offered one of the widest product portfolios amongst leading home appliances and consumer electronics players (excluding mobile phones) in India as of June 30, 2024. It sells products to B2C and B2B consumers in India and outside India. It also offers installation services, and repairs and maintenance services for all its products.
For more information, click www.lg.com/in/
LG Electronics IPO GMP, Particulars & Guidance
| IPO Details | |
| IPO opens on | Yet to announce |
| IPO closes on | Yet to announced |
| Issue Type | Book Built Issue IPO |
| Issue Size | 101,815,859 Sh / Rs ? Crore |
| * Fresh Issue | – Sh / Rs – Crore |
| * Offer for Sale | 101,815,859 Shares / Rs ? Crore |
| Face Value per share: | Rs. 10 |
| Price Band | Yet to announce |
| Retail Discount | Rs 0 per share |
| Employee discount | Rs. 0 per share |
| Retail Lot Size | Yet to announce |
| Listing will at | BSE, NSE |
| Shares offered in this IPO? |
Shares | Rs. in Crore |
| QIB (50 %) | ||
| NII (15 %) | ||
| RII (35 %) | ||
| Employees | ||
| Total Shares | ||
| Retail portion will be oversubscribed by | Forms. | |
| How to apply in this IPO? | Amount Rs. |
|
| Min Retail Application | ||
| Max Retail Application | ||
| Small HNI (Min) application | ||
| Small HNI (Max) application | ||
| Big HNI Application | ||
| What is the timetable of the IPO? | |
| IPO opens on | Yet to announce |
| IPO Closes on | Yet to announce |
| IPO Allotment on | Yet to announce |
| Unblocking of Asba | Yet to announce |
| Credit of Shares | Yet to announce |
| Listing of Shares | Yet to announce |
| Registered Office of the company 16th – 20th Floor, C-001, Tower D, KP Tower, Sector 16B, Noida 201 301, Uttar Pradesh, India |
|
| Lead Managers of the IPO Morgan Stanley India Company Pvt ltd J.P. Morgan India Pvt ltd Axis Capital Limited BofA Securities India Ltd Citigroup Global Markets India Pvt ltd |
|
| Registrar to IPO | |
| Kfin Technologies ltd |
| LG Electronics IPO Financial & Analytical Ratios | ||||
| Year | Total Income | Net Profit | EPS | RoNW |
| Rs. in Cr | Rs.in Cr | Rs. | % | |
| 2021-22 | 17038 | 1175 | 17.76 | 21.50 |
| 2022-23 | 20108 | 1345 | 19.86 | 31.13 |
| 2023-24 | 21557 | 1511 | 22.26 | 40.45 |
| Book Value of the Share on 31.3.2024 |
55.04 | |||
| BV of the Share after the IPO |
Rs. | – | ||
| Offer Price at Cap | Rs. | ? | ||
| IPO Ratio Analysis | |
| Price /EPS | ? |
| Price/Book Value | ? |
| Price/BV after IPO | ? |
How LG Electronics IPO compares with the Peers?
Peer Comparison.
| As on date of DRHP | FV | Total | PE |
| Rs. | Income | Ratio of | |
| Rs. In Cr | |||
| LG Electronics | 10 | 21352 | |
| Havells | 1 | 18590 | 85.40 |
| Voltas | 1 | 12481 | 221.53 |
| Whirlpool | 10 | 6830 | 111.65 |
| Blue Star | 2 | 9685 | 92.21 |
# This is only coverage of News related to Grey Market. We do not deal in grey market premium, nor we recommend dealing in Grey Market. Investment decision based on Grey Market trends can be faulty.
LG Electronics IPO Guidance by Paresh Gordhandas, CA & Research Analyst.
We shall post our review once the price, lot and other updates are available to us.
Quicklinks
