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LG Electronics India Ltd. IPO 👉 LG Electronics India Limited is a manufacturer and distributor of home appliances and consumer electronics (excluding mobile phones). 👉The company offer installation services, and repairs and maintenance services for all their products. Business Segments: ✅Home Appliances ✅Air Solutions ✅Home Entertainment 👉 Companies assets have grown from 8.9k crore to 11.5k crore, income has grown from 20k crore to 24k crore and profit has grown from 1.3k crore to 2.2k core in the last 3 financial years. The company is completely debt free according to the filing. 👉KPI ROCE -42.91% RoNW - 37.13% PAT Margin -8.95% EBITDA Margin -12.76% Price to Book Value -13.04 P/E (x)- 37.69 👉Peer Comparison Havells - 64.14 Voltas - 52.68 Whirlpool - 43.53 Blue Star - 65.59 👉 Even though the peers are not comparable on an apple to apple basis but still their is a scope of listing gains. Even if we consider the financials it's a pretty healthy growing company going by the size. 👉 Current GMP is around 25% and given the size of the IPO chances of getting allotment is very high. 👉 Disclaimer - the views of the author are personal and should not be taken as an investment advise. #TataCapital #TataCapitalIPO #LGElectronics #LGelectronicsipo #IPOAlert #IPOGMP #IPOUpdate #IPOscan #StockMarket #StockMarketIndia #sharemarket #StocksInFocus