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LG Electronics India banks on domestic demand, premium portfolio
Mint New Delhi
|October 02, 2025
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.
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.
This story is from the October 02, 2025 edition of Mint New Delhi.
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