LG Electronics India IPO opens for bidding today, and is expected to draw strong interest from investors. Given its strong brand presence, wide product range, and leadership position in India’s consumer durables market, the public listing is expected to attract healthy participation from both retail and institutional investors.
Incorporated in 1997, LG Electronics India Ltd is one of the country’s largest manufacturers and distributors of home appliances and consumer electronics.
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The company dominates several product categories, including washing machines, refrigerators, air conditioners, televisions, and microwaves, with around 77% of its total sales coming from offline retail stores.
LG India is also investing $600 million in a new manufacturing plant in Andhra Pradesh to make India a global production hub for exports to Europe and other markets.
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