South Korea-based LG Electronics Inc., a global leader in consumer electronics and home appliances, is reportedly preparing to revive the initial public offering (IPO) plans of its Indian unit, LG Electronics India Ltd., following a positive rebound in the Indian stock market. The IPO, previously put on hold in April due to market volatility, could resume as early as September 2025, pending updated financial disclosures and market conditions. The company is also investing USD 600 million in a new factory in Andhra Pradesh, India, signaling its long-term commitment to the Indian market.
South Korea-based LG Electronics Inc. is reportedly considering reviving the initial public offering (IPO) of its Indian arm, LG Electronics India Ltd., as early as September 2025, according to people familiar with the matter. The IPO, which was put on hold in April due to market volatility, could return to the table amid improved investor sentiment and a recovering Indian stock market.
LG is expected to refile its preliminary prospectus with updated financials post-summer. If market conditions remain stable, the IPO could be launched in the fourth quarter of this year. While discussions are ongoing and timelines may still shift, insiders suggest the offering could raise up to USD 1.7 billion, making it one of the largest IPOs in India.
The IPO was originally delayed after investor pushback over valuation concerns and broader market instability. At the time, LG Electronics stated that it would reassess based on evolving market conditions.
In parallel with its IPO ambitions, LG Electronics India has recently announced an investment of USD 600 million over four years to establish its third factory in India. The new facility will be located in Andhra Pradesh, underscoring the company’s continued expansion and localization strategy in the Indian market.
India’s IPO environment has seen a turnaround after a quiet first quarter. The NSE Nifty 50 Index has gained around 12% since March, boosting investor confidence. Although recent capital market activity has been dominated by block trades and follow-on offers, bankers expect IPO activity to accelerate in the second half of 2025, with several large public listings in the pipeline.
With this move, LG Electronics aims to strengthen its foothold in one of the fastest-growing consumer electronics markets globally.
