LG Electronics India Ltd Summary
LG Electronics India Limited was incorporated on January 20, 1997 as a private limited company, as LG Electronics India Private Limited, pursuant to a certificate of incorporation granted by the Registrar of Companies at New Delhi, India. Subsequently, Company was converted into a public limited company and the name of Company was changed to LG Electronics India Limited, consequent upon which, a fresh certificate of incorporation dated December 3, 2024 was issued by the Registrar of Companies, at New Delhi, India.Company manufacture and sell major home appliances and consumer electronics products in India. It operate into two business segments, comprising: (i) home appliances and air solution division covering the sale of products such as refrigerators, washing machines, air conditioners, water purifiers, dishwashers, microwave ovens, air purifiers and compressors, among others; and (ii) home entertainment division covering the sale of products such as televisions, monitors, interactive displays and information systems.
Company also offer installation services, and repairs and maintenance services for all the products. The Company was the the first to introduce several global technologies among leading home appliances and consumer electronics players in India. It was the first among leading players to introduce inverter air conditioners in India in 2014 and was the first and only player in India to move 100% to inverter technology in 2017.
Further, in 2013, it was the first player amongst leading home appliances and consumer electronics players in India to transition from using plastic tanks in water purifiers to stainless steel tanks. In the premium market, Company is focused on introducing in India products equipped with new technologies backed by AI, and have luxurious, sleek and modern designs, that are popular in developed markets.The Company has launched the IPO by issuing 101,815,859 equity shares of face value of Rs 10 each, by raising Rs 11604.73 Cr in October, 2025.