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LG Electronics India banks on domestic demand, premium portfolio

October 02, 2025

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Mint New Delhi

LG Electronics India Ltd, the wholly owned subsidiary of LG Electronics Inc., is preparing to tap the public markets even as it sharpens its focus on meeting domestic demand, building India as a global export hub, and expanding its portfolio of premium products.

- suneera.t@htlive.com

LG Electronics India banks on domestic demand, premium portfolio

LG Electronics Inc. will raise ₹11,607 crore by selling 101.8 million shares through an offer for sale (OFS). The initial public offering (IPO), scheduled for 7-9 October, will see the South Korean parent firm sell about 15% of its stake in its Indian arm. Since no new equity will be issued, the subsidiary will not receive any funds from the offering.

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