ipo alt text

LG Electronics India Ltd. IPO Details

Initial Public Offerings (IPOs) allow you to invest in companies going public. LG Electronics India Ltd. goes public when it first sells its shares after being listed on BSE or NSE.

LG Electronics India Ltd.
Objective
(i) to carry out the Offer for Sale of up to 101,815,859 equity shares of face value of ? 10 each by the Selling Shareholder aggregating up to ? [?] million;(ii) achieve the benefits of listing the Equity Shares on the Stock Exchanges.
IPO Details
Face Value ₹ 10.00 Per Share
Issue Size ₹ 0.00 - 0.00 Cr
Price Band ₹ 0.00 - ₹ 0.00 Per Share
Issue Type Book building
Business Description
We are the market leader in India in major home appliances and consumer electronics (excluding mobile phones)in terms of volume for the six-

...

month period ending June 30, 2024, as per the Redseer Report. Additionally, wehave been the number one player in this industry for 13 consecutive years (CY2011 to CY2023) as per the valuemarket share in the offline channel in India, as noted in the Redseer Report. We are also market leaders in Indiaacross multiple product categories including washing machines, refrigerators, panel televisions, inverter airconditioners, and microwaves, based on the value market share in the offline channel (which is approximately80% of the major home appliances and consumer electronics market (excluding mobile phones) in India in termsof value in the same period) for the six-month period ending June 30, 2024, according to the Redseer Report. OurCompany was incorporated in 1997 as a wholly owned subsidiary of LG Electronics, which is the leading singlebrandglobal home appliances player in terms of market share by revenue in CY2023, according to the RedseerReport. We derive several benefits from our strong parentage including the “LG” brand which was listed onInterbrand’s Top 100 Best Global Brands in 2024. Our strong parentage, access to innovative technologies andcommitment to quality, positions us as a trusted brand in India. “LG” was named as the Most Trusted Brand inIndia by Trust Research Advisory for four consecutive years (2020-2023). Read More
Address
Address A-24/6 Mohan Cooperative Industrial Estate Mathura Road
City New Delhi
State Delhi
Pincode 110044
Phone 011 40020052
Email cs.india@lge.com
Website www.lg.com/in
Latest News
Alt Text
Equity

Nouveau Global Ventures informs about closure of trading window

Alt Text
Ipo

Infonative Solutions coming with IPO to raise Rs 24.71 crore

Alt Text
Economy

Tamil Nadu Assembly passes resolution against Centre's proposed amendments to Waqf Bill

Alt Text
Finance

Currency futures for April expiry trade flat with 5.56% increase in OI

View All

Open Demat Account today!

Enter Full Name

Invalid Full Name

+91

Enter mobile number

Invalid mobile number

Select Partner
Verification required
close

Enter the One Time Password (OTP)

Sent to ********99

Edit Number
Enter valid OTP
Field should not be blank
You have exhausted your OTP attempts try again after 10 min

Request another in 60s

Resend OTP

secure   100% safe and secure

Frequently asked questions

What is an IPO?

An Initial Public Offering (IPO) is when a private company sells shares to the public for the first time, enabling investors to purchase these shares and gain partial ownership in the business. For instance, if a well-known tech firm wants to grow and requires additional funds, it might choose to go public through an IPO. During this process, investors can buy shares, and the company’s stock starts trading on the stock exchange on the day of the IPO listing.

Investors can apply for an IPO through their bank or brokerage account. Many trading platforms have a specific section for IPOs where users can submit their applications online.

The primary market is where shares are offered to the public for the first time via an IPO. After the IPO, shares are traded on the secondary market (stock exchange), where existing shareholders can sell to new buyers.

Investing in an IPO offers the opportunity to become an early investor in companies with high growth potential, at a price which may be lower than their post-listing market value. It provides a chance to participate in the company's growth journey from its early stages. However, IPO investments also come with inherent risks, such as market volatility and uncertainties about the company's future performance.

The price of an IPO is established through a systematic process known as "book building." In this method, investors bid within a given price range, and the final price is set based on demand and market conditions. Several factors play a crucial role in determining the IPO price, including:

  • Past Financial Performance: Evaluating the company's revenue, profits, and financial stability over time
  • Growth Potential: Assessing future prospects based on the company's business model and market opportunities
  • Industry Peers: Comparing valuation metrics with similar companies in the same sector
  • Larger Industry Picture: Analysing overall industry trends and economic conditions that could impact the company's performance

The lock-in period for IPO shares refers to a duration during which specific investors are restricted from selling their shares post-listing. This period varies based on the type of investor:

  • Promoters: The lock-in period for promoters ranges from 6 months to 18 months, ensuring their commitment to the company's long-term growth
  • Anchor Investors: Typically, anchor investors face a shorter lock-in period of 30 to 90 days, depending on regulatory norms and the specific IPO

IPOs can be volatile and may not perform as expected in the short term. Investors risk losing capital if the stock price drops after listing, especially if the company does not meet its growth projections.

Information on upcoming IPOs is often available through brokerage platforms, financial news sites, and regulatory bodies like SEBI, which publishes details on companies going public. You can also get these details under the upcoming IPO section on Bajaj Markets.

Eligibility for an IPO typically includes:

  • Retail Investors: Individuals who invest in smaller amounts, usually under the “retail investor” category, with certain limits
  • Qualified Institutional Buyers (QIBs): Entities like mutual funds, banks, and insurance companies, who invest large sums
  • Non-Institutional Investors (NIIs): High-net-worth individuals or entities investing above the retail threshold

Investors must have a Demat and trading account to apply, and in some cases, certain financial or residency qualifications may apply depending on local regulations.

SME (Small and Medium Enterprise) IPOs generally carry higher risk but may provide significant growth potential. Investors should research the company’s stability, financials, and sector risks, as SME stocks can be more volatile compared to large-cap companies.

View More

Disclaimer

This content is for educational purpose only and the same should not be construed as investment advice. Bajaj Finserv Direct Limited shall not be liable or responsible for any investment decision that you may take based on this content.

Select partner from dropdown

Disclaimer

All content and research information displayed on the Site, are obtained from our partner Accord Fintech Private Limited. an authorized data feed vendor of BSE/NSE/MCX/NCDEX exchange. The data is provided on ‘As-Is’ basis and is not a live data feed but a feed with 15 minutes delay or more. Bajaj Markets does not warrant accuracy, completeness, timely availability of the information and data available on the Site. Past performance, when presented, is purely for reference purposes and is not a guarantee of similar future results.

The Services offered on the Site does not constitute investment advice in any manner whatsoever. You shall be solely responsible for any investment decisions made by placing reliance on the information provided on the Site.

Bajaj Markets partners with financial services entities for sourcing leads for services such as DEMAT accounts etc. In case you wish to avail the services, you shall be redirected to partners platform and shall be bound by the terms and conditions, privacy policy governing the said platform. 

Home1
Home
ONDC_Shopping
Shopping
Credit1
Credit Score
Accounts1
My Accounts
explore
Explore