Home Business The upcoming LG India IPO is reportedly nearing a valuation similar to that of its South Korean parent company, LG Corporation. This development is significant, as it highlights the growing importance of the Indian market for LG’s overall business strategy. LG India, a subsidiary of LG Corporation, has been expanding its operations in the country, with a focus on consumer electronics, home appliances, and other products. The company has a strong presence in India, with a wide range of products and a large distribution network. The valuation of LG India’s IPO is expected to be around $10-15 billion, which is close to the market capitalization of LG Corporation. This suggests that investors are bullish about the growth prospects of LG India, driven by the increasing demand for consumer electronics and appliances in the Indian market. The IPO is expected to be one of the largest in India’s history, and it will provide LG India with the necessary funds to expand its operations, invest in new technologies, and increase its market share. The listing will also provide an opportunity for investors to participate in the growth story of LG India and benefit from the company’s expansion plans. It’s worth noting that the valuation of LG India’s IPO is subject to change, and the final valuation will depend on various factors, including market conditions, investor demand, and the company’s financial performance. However, the fact that the valuation is nearing that of the South Korean parent company suggests that LG India is well-positioned for growth and is expected to play a significant role in LG Corporation’s overall business strategy.

The upcoming LG India IPO is reportedly nearing a valuation similar to that of its South Korean parent company, LG Corporation. This development is significant, as it highlights the growing importance of the Indian market for LG’s overall business strategy. LG India, a subsidiary of LG Corporation, has been expanding its operations in the country, with a focus on consumer electronics, home appliances, and other products. The company has a strong presence in India, with a wide range of products and a large distribution network. The valuation of LG India’s IPO is expected to be around $10-15 billion, which is close to the market capitalization of LG Corporation. This suggests that investors are bullish about the growth prospects of LG India, driven by the increasing demand for consumer electronics and appliances in the Indian market. The IPO is expected to be one of the largest in India’s history, and it will provide LG India with the necessary funds to expand its operations, invest in new technologies, and increase its market share. The listing will also provide an opportunity for investors to participate in the growth story of LG India and benefit from the company’s expansion plans. It’s worth noting that the valuation of LG India’s IPO is subject to change, and the final valuation will depend on various factors, including market conditions, investor demand, and the company’s financial performance. However, the fact that the valuation is nearing that of the South Korean parent company suggests that LG India is well-positioned for growth and is expected to play a significant role in LG Corporation’s overall business strategy.

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The upcoming LG India IPO is reportedly nearing a valuation similar to that of its South Korean parent company, LG Corporation. This development is significant, as it highlights the growing importance of the Indian market for LG’s overall business strategy. LG India, a subsidiary of LG Corporation, has been expanding its operations in the country, with a focus on consumer electronics, home appliances, and other products. The company has a strong presence in India, with a wide range of products and a large distribution network. The valuation of LG India’s IPO is expected to be around $10-15 billion, which is close to the market capitalization of LG Corporation. This suggests that investors are bullish about the growth prospects of LG India, driven by the increasing demand for consumer electronics and appliances in the Indian market. The IPO is expected to be one of the largest in India’s history, and it will provide LG India with the necessary funds to expand its operations, invest in new technologies, and increase its market share. The listing will also provide an opportunity for investors to participate in the growth story of LG India and benefit from the company’s expansion plans. It’s worth noting that the valuation of LG India’s IPO is subject to change, and the final valuation will depend on various factors, including market conditions, investor demand, and the company’s financial performance. However, the fact that the valuation is nearing that of the South Korean parent company suggests that LG India is well-positioned for growth and is expected to play a significant role in LG Corporation’s overall business strategy.


LG Electronics India’s Market Value Nears South Korean Parent’s as IPO Approaches

LG Electronics India’s upcoming initial public offering (IPO) has valued the company at nearly ₹77,000 crore, comparable to its South Korean parent LG Electronics Inc’s market capitalization of $8.9 billion. The ₹11,607 crore issue, priced at ₹1,080-1,140 per share, is set to open for retail subscription on October 7 and close on October 9. Analysts believe the company’s valuations are cheaper compared to local peers, making the issue an attractive investment opportunity.

LG Electronics India is on the verge of launching its initial public offering (IPO), which is expected to raise ₹11,607 crore. The issue, priced at ₹1,080-1,140 per share, will open for retail subscription on October 7 and close on October 9. As per the pricing, the company’s market capitalization is valued at over ₹77,000 crore, nearly on par with its South Korean parent LG Electronics Inc’s market capitalization of $8.9 billion. This development has sparked interest among investors, who are eager to know more about the company’s prospects and whether the issue is worth investing in.

IPO Details and Market Valuation

The ₹11,607 crore issue is entirely an offer for sale by LG Electronics India’s parent company. The pricing of the issue is between ₹1,080 and ₹1,140 per share, which is considered attractive by analysts. At the upper end of the price band, the company’s market capitalization is valued at over ₹77,000 crore, which is comparable to its South Korean parent’s market capitalization. This valuation has raised eyebrows, as LG Electronics India’s revenue in FY25 was $2.8 billion, significantly lower than LG Inc’s revenue of $64.33 billion at the end of 2024.

Some key highlights of the IPO include:
* Issue size: ₹11,607 crore
* Price band: ₹1,080-1,140 per share
* Market capitalization: over ₹77,000 crore
* Revenue (FY25): $2.8 billion
* Parent company’s revenue (2024): $64.33 billion

Analysts’ Recommendations

Analysts believe that the company’s valuations are cheaper compared to local peers, making the issue an attractive investment opportunity. Harsh Thakkar, research analyst at Samco Securities, said, “The issue appears attractively priced, making it compelling compared to listed peers such as Whirlpool (48x P/E), IFB (59x P/E), and Orient Electric Ltd (49x P/E).” SBI Securities has also assigned a ‘Subscribe’ rating to the company’s IPO, stating that the issue is valued at a P/E multiple of 35.1 times based on the post-issue capital.

Some relevant quotes from analysts include:
* “The issue appears attractively priced, making it compelling compared to listed peers.” – Harsh Thakkar, Samco Securities
* “When comparing to its closest peers, the company outshines them in most valuation parameters with superior return profile.” – SBI Securities

Investment Opportunity

The IPO offers an attractive investment opportunity for retail investors, who can subscribe to the issue from October 7 to October 9. With its strong brand presence and growing revenue, LG Electronics India is well-positioned to capitalize on the growing demand for consumer electronics in India. The company’s valuation, as measured by its P/E ratio, is cheaper compared to local peers, making it an attractive investment opportunity.

Some key data points to consider include:
* P/E ratio: 35.1 times (based on post-issue capital)
* Revenue growth: $2.8 billion (FY25)
* Market capitalization: over ₹77,000 crore
* Parent company’s market capitalization: $8.9 billion

Growth Prospects

LG Electronics India has strong growth prospects, driven by the growing demand for consumer electronics in India. The company’s revenue has been growing steadily, and its valuation is considered attractive compared to local peers. With its strong brand presence and growing revenue, LG Electronics India is well-positioned to capitalize on the growing demand for consumer electronics in India.

Some key highlights of the company’s growth prospects include:
* Growing demand for consumer electronics in India
* Strong brand presence
* Growing revenue
* Attractive valuation compared to local peers

Conclusion:
LG Electronics India’s upcoming IPO offers an attractive investment opportunity for retail investors. With its strong brand presence, growing revenue, and attractive valuation, the company is well-positioned to capitalize on the growing demand for consumer electronics in India. Analysts believe that the issue is attractively priced, making it compelling compared to listed peers. As the issue opens for retail subscription on October 7, investors are advised to consider the company’s growth prospects and valuation before making an investment decision.

Keywords: LG Electronics India, IPO, market valuation, analysts’ recommendations, investment opportunity, growth prospects, consumer electronics, India, revenue, P/E ratio, market capitalization.

Hashtags: #LGElectronicsIndia #IPO #MarketValuation #AnalystsRecommendations #InvestmentOpportunity #GrowthProspects #ConsumerElectronics #India #Revenue #PERatio #MarketCapitalization.



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