An important update has come to light on the country’s second largest consumer electronics company LG Electronics India’s Initial Public Offering (IPO). The Korean -origin company on Thursday informed that the final decision regarding the cell price (share price) of the IPO will be taken within the next 6 months. The company made it clear that no fix date for launching IPO has been fixed at the moment, but by the end of this year, a decision will be taken based on market conditions and investors’ demand.
What did LG Electronics say?
LG Electronics said in its official statement: “LG Electronics will sell 15% stake in India. However, how much the price will be fixed for this stake right now is not clear. The company will take this decision within the next six months.” The company also added that the listing process would depend entirely on the market status and demand forecast. If the market appears stable and favorable, the IPO will be carried forward.
Approval has been received from Sebi
Significantly, LG Electronics India has received approval for IPO from Indian market regulator SEBI in March 2025. However, at that time, the company postponed the IPO launch due to market volatility and valuation concerns. The company said in an interview to NDTV PROFIT: “At present, there is no fixed plan regarding the launch of IPO. We are constantly analyzing the market status and will take steps only when the right time comes.”
What did the company say CFO Kim Chang Tae?
Kim Chang Tae, Chief Financial Officer (CFO) of LG Electronics, has clarified its position regarding IPO. He said: “Given our financial structure and business growth, there is no pressure on the company to bring the IPO now.”
He also said that the company is focusing on two important points:
Stock market status in India – IPO will be brought only when the market is favorable for valuation.
Adequate time to keep pace with the market – The company wants it to mold itself with the demand and trend of investors.
How long will the decision come?
According to the latest statement on Thursday, the company said: “Details regarding IPO will be disclosed again within 6 months, or if any confirmation is made before that, then information will be given at the same time.”
How much can LG Electronics India have a valuation?
Sources told NDTV PROFIT that LG Electronics India’s IPO’s possible valuation could be around $ 12.5 billion (about Rs 1.04 lakh crore). This will make it one of the biggest listings in the electronics sector of India.
Preparation for listing as second Korean company
If LG Electronics is a listing of India, it will become the second South Korean company to be listed in India. Earlier, Hyundai Motors India has been listed in the Indian stock market in October 2024. Currently in India’s Electronics Consumer Market, LG competes with listed companies like Havells India, Voltas, Whirlpool of India and Blue Star. After the listing, LG India will also be available to the same investors as these companies.
conclusion
LG Electronics India’s IPO can be a big news for Indian stock markets and investors. However, the company is not showing any haste at the moment and is adopting a strategy of hitting the surprise. The next 6 months will be decisive for this IPO, and if everything is favorable, investors can get a great chance of stake in a strong brand.
