Subscribe for LG Electronics India Ltd IPO; Geojit Financial Services

Geojit Financial Services, has come out with its report on LG Electronics India Ltd. The research firm has recommended to “ Subscribe” the ipo in its research report as on October 07, 2025.

Broker Research

October 07, 2025 / 12:35 IST

IPO

Geojit Financial Services, LG Electronics India Ltd

LG Electronics India Ltd (LGEIL), incorporated on January 20, 1997, as a wholly owned subsidiary of LG Electronics Inc., is a market leader in India across key product categories, including washing machines, refrigerators, panel TVs, inverter air conditioners, and microwaves. The company was the first to launch 4K and smart TVs in India and boasts one of the largest in-house production capacities among leading home appliance and consumer electronics player. The Indian appliances and electronics market grew from ~₹4,445 billion in CY19 to ~₹6,370 billion in CY24 and is projected to reach ~₹10,965 billion by CY29P, reflecting a CAGR of 11% over CY24–29P.

Valuation and Outlook

The company’s new capacity expansion, strong ROE, and better margin profile make it financially strong, efficient, and ready for long -term success. Accordingly, we assign a SUBSCRIBE rating for investors with a medium- to long-term investment horizon.

For all IPO report, click here