LG Electronics set to launch Rs 15,000 crore IPO in India this October: Report

South Korea's LG Electronics plans to launch the IPO of its Indian arm in October, aiming to raise ₹15,000 crore. This would make it the biggest IPO of 2025 so far.

Media reports say LG plans to launch the share sale in early October. The IPO was delayed due to market conditions, but the company now sees October as the right time to move ahead.

The IPO has the green light from SEBI, which approved it in March 2025 after LG filed its DRHP in December 2024.

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LG originally planned the IPO for April–May, but postponed it due to market volatility and lower valuations caused by global trade tensions and US tariff changes.

As per the DRHP, the book-running lead managers are Morgan Stanley, JP Morgan, Axis Capital, BofA Securities, and Citigroup, while Kfin Technologies is the registrar.

LG Electronics’ IPO aims to tap into strong bullish sentiment in India’s primary market. So far in 2025, nearly 30 IPOs have raised ₹60,000+ crore, led by HDB Financial Services’ ₹12,500-crore offering.

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