IPO Details
Bidding Dates
01 Jan 70 - 01 Jan 70
Lot Size
Nil
Price Range ₹
Nil
Exchange Status
BSE,NSE
Total Equity
₹ 0.00Cr
IPO Doc
IPO Timeline
Offer start
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Listing
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Listing
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About Company
Founded in 1997, LG Electronics India Pvt. Ltd. is a subsidiary of the South Korean multinational LG Corporation and a prominent player in India’s consumer electronics and home appliances market. The company offers a wide range of products, including refrigerators, washing machines, air conditioners, microwave ovens, and water purifiers in the home appliances category. In the home entertainment segment, LG provides OLED, LED, and UHD TVs, along with audio systems and other entertainment solutions. Additionally, it caters to businesses with commercial displays, solar solutions, and HVAC systems.
Year Founded
20-01-1997
Promotor Details
Daehyun Song
Promoter Holdings Details
| Particular | Pre-IPO | Post-IPO |
|---|---|---|
| Percentage | 100 | 0 |
| Share Capital | 678772392 | 0 |
Offer to Public
10,18,15,859.00 Cr
Project Details
- None - Nonecr
Objectives
- (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.
Highlights
- LG India benefits from the technological expertise and resources of its parent company, LG Corporation, enhancing its competitive edge in the Indian market.
- The company is known for its durable and reliable products, fostering strong customer loyalty through quality assurance and region-specific marketing strategies.
- LG’s “G-local” approach ensures its products are tailored to Indian consumer preferences and widely available through a well-established distribution network.
- With a broad range of consumer electronics and automated manufacturing processes, LG India can effectively respond to market demands and evolving trends.
- India enhances its brand visibility through sports sponsorships, particularly cricket, and corporate social responsibility (CSR) initiatives focused on education, women’s empowerment, and healthcare.
Challenges
- Strong rivals like Samsung, Sony, and Haier pose a constant threat, potentially impacting LG India’s market share and profitability.
- Legal disputes over patents and intellectual property could lead to expensive lawsuits, reputational damage, and restricted access to crucial technologies.
- Disruptions due to natural disasters, geopolitical tensions, or global crises can result in product shortages, higher costs, and delays in delivery.
- Saturated and highly competitive urban markets restrict expansion opportunities, requiring strategic efforts to tap into new customer segments.
- The fast pace of technological advancements demands continuous innovation, and delays in launching new products could lead to lost market opportunities.
Financials
| Years | Total Assets | Share Capital | Profit After Tax | Consolidated Net Profit | Adjusted EPS |
|---|---|---|---|---|---|
| 2020 | 90,818.29 | 1,131.29 | 3,13,10,00,000.00 | 3,13,10,00,000.00 | 4.6127 |
| 2021 | 1,54,814.00 | 1,131.00 | 18,544.00 | 18,544.00 | 27.3198 |
| 2023 | 1,54,000.20 | 1,131.29 | 14,70,141.00 | 14,70,141.00 | 2.1659 |
| 2024 | 1,54,406.75 | 1,131.29 | 3,13,10,00,000.00 | 3,13,10,00,000.00 | 4.6127 |
| 2022 | 1,53,607.30 | 1,131.29 | 16,665.00 | 15,290.00 | 24.5579 |
