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LGEINDIA
LISTEDInvestors can bid for minimum 13 shares and in multiples. The table shows min-max investment by Retail and HNI.
| Application | Lots | Shares | Amount |
|---|---|---|---|
Retail(min) | 1 | 13 | ₹14,820 |
Retail(max) | 13 | 169 | ₹1.93L |
SHNI(min) | 14 | 182 | ₹2.07L |
SHNI(max) | 67 | 871 | ₹9.93L |
BHNI(min) | 68 | 884 | ₹10.08L |
Employee(min) | 1 | 13 | ₹12,636 |
Employee(max) | 33 | 429 | ₹5.00L |
Note: Lot size is 13 shares at ₹1140/share (₹₹14,820/lot).Limits: Retail ₹0-₹2L, sHNI ₹2L-₹10L, bHNI >₹10L.
LG Electronics India Limited is a leading manufacturer and distributor of home appliances and consumer electronics in India. The company operates in key segments such as home appliances, air solutions, and home entertainment, with a strong pan-India distribution and service network. It benefits from the parent LG Electronics' technology and brand strength, with significant market share in product categories like refrigerators, washing machines, air conditioners, and televisions. The company is expanding capacity through a new manufacturing unit and is focused on premiumization, innovation, and growing B2B and service businesses to drive revenue and margin growth.
LG Electronics India is a strong and well-established player with healthy financials and good growth prospects, but the IPO being mostly an OFS limits direct company capital infusion benefits. The attractive GMP and subscription suggest good listing gains potential. Investors seeking to participate in a premium, blue-chip consumer electronics brand with minimal risk from fresh capital usage can apply for listing gains but should be cautious for long-term holding unless further growth capital is infused.
Analyst Notes: Automated research generated via Perplexity AI