Winro Commercial Invests Rs 4.27 Crore in LG Electronics India's IPO
Winro Commercial, an NBFC, has invested ₹4.27 crore in LG Electronics India's IPO, acquiring 37,482 equity shares at ₹1,140 per share through the QIB category. The investment represents 0.004% of LG Electronics India's post-issue capital. LG Electronics India, a major player in consumer electronics and home appliances, reported a turnover of ₹24,630.63 crore in FY 2024-2025. Winro Commercial's investment exceeds the threshold specified in SEBI regulations and aligns with its business model of seeking opportunities in capital markets.
*this image is generated using AI for illustrative purposes only.
Winro Commercial (India) Limited, a Non-Banking Financial Company (NBFC), has made a strategic investment in the Initial Public Offering (IPO) of LG Electronics India Limited. The company acquired 37,482 equity shares at Rs 1,140 per share, totaling an investment of Rs 4.27 crore through the Qualified Institutional Buyers (QIB) category.
Investment Details
| Particulars | Details |
|---|---|
| Shares Acquired | 37,482 |
| Price per Share | 1140.00 |
| Total Investment | 4.27 |
| Allotment Date | October 10, 2025 |
| Percentage of Post-Issue Capital | 0.004% |
About LG Electronics India Limited
LG Electronics India Limited is a prominent player in the consumer electronics and home appliances industry. The company, incorporated on January 20, 1997, has a strong presence in India and international markets.
Financial Highlights of LG Electronics India
| Metric | Value |
|---|---|
| Net Worth | 5933.75 |
| Turnover (FY 2024-2025) | 24630.63 |
| Turnover (FY 2023-2024) | 21557.12 |
| Turnover (FY 2022-2023) | 20108.58 |
| IPO Issue Size | 11607.71 |
LG Electronics India manufactures and distributes a wide range of home appliances and consumer electronics, excluding mobile phones. The company caters to both B2C and B2B consumers in India and abroad, offering installation, repair, and maintenance services for all their products.
Winro Commercial's Investment Rationale
As an NBFC specializing in investments in shares and securities, Winro Commercial has made this acquisition as a financial investor in its normal course of business. The company disclosed that the investment value exceeds the threshold specified in Regulation 30(4)(i)(c)(2) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, which is 2% of the net worth as per the last audited consolidated financial statements.
This strategic investment in LG Electronics India's IPO aligns with Winro Commercial's business model of seeking opportunities in the capital markets. The move demonstrates the company's confidence in the consumer electronics sector and LG Electronics India's growth potential.
As the Indian consumer electronics market continues to expand, driven by rising disposable incomes and changing lifestyles, this investment could potentially yield favorable returns for Winro Commercial in the future.
Historical Stock Returns for Winro Commercial
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
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