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LG Electronics India banks on domestic demand, premium portfolio

Mint Hyderabad

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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.

- 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.

Mint Hyderabad'den DAHA FAZLA HİKAYE

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Chile gets its most right-wing president in decades

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China no longer needs Germany— and Germany wants a divorce.

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Wakefit's market debut muted

Shares of home and furnishing company Wakefit Innovations Ltd on Monday made a muted market debut and ended over 1% lower against the issue price of ₹195.

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Bumper first-day openings fade as word of mouth trumps star power

Bumper openings are starting to fade, as audiences—overwhelmed by content—place greater trust in word of mouth than in star power or pre-release hype.

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