Consumer electronics major LG India has received regulatory approval from SEBI to launch an IPO. This follows the recent landmark Hyundai IPO, India's largest-ever domestic offering at Rs 27,000 crore. While LG Electronics' IPO is expected later this year, the exact timeline remains unclear. Here are five key details about one of 2025’s most high-profile listings.
Similar to Hyundai, LG’s IPO will be entirely an offer for sale (OFS) of up to 10.18 crore equity shares by its parent company, LG Electronics Inc. Each share has a face value of Rs 10. As per an ET report, the issue size is expected to be around Rs 15,000 crore, potentially making it India’s fifth-largest IPO.
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