LG Electronics India Ltd - IPO

LG Electronics India Ltd IPO Details

Initial public offer of 101,815,859 equity shares of face value of Rs. 10 each (Equity Shares) of LG Electronics India Limited (The Company or the Issuer) for cash at a price of Rs. 1140 per equity share (Including a Premium of Rs. 1130 Per Equity Share) (Offer Price) aggregating Rs. 11607.01 crores through an offer for sale (The Offer) of 101,815,859 equity shares of face value of Rs. 10 each aggregating to Rs. 11607.01 crores by LG Electronics Inc. (Selling Shareholder) (The Offer for Sale and such equity shares, the Offered Shares). The offer shall constitute 15.00% of the post-offer paid-up equity share capital of the company.Price Band: Rs. 1080/- to Rs. 1140/- for equity share of face value of Rs. 10 each.The floor price is 108.00 times times the face value and cap price is 114.00 times of the face value of the equity shares.Bids can made for a minimum of 13 equity shares and in multiples of 13 equity shares thereafter.A discount of Rs. 108 per equity share is being offered to eligible employees bidding in the employee reservation portion.

Objective of issue

Listing the Equity Shares on the Stock Exchanges.

LG Electronics India Ltd Contact Details

LG Electronics India Ltd, Karvy Selenium Tow-B, 31&32 Financial Dist, Nanakramguda, Hyderabad-500032

Phone - 91-40-67162222

Fax - 91-40-23001153/23420814

Email - cs.india@lge.com

Website - www.lg.com, in