IPO watch: LG Electronics may launch India arm IPO in October; Rs 15,000-crore issue in works
LG Electronics is set to launch its Indian subsidiary's IPO in October, aiming to raise ₹15,000 crore. This would be the largest IPO of 2025 so far, with LG divesting 15% of its Indian arm. The offering follows Hyundai's successful IPO last year. Initial plans for an April-May launch were delayed due to global economic uncertainties, impacting valuation expectations.
LG Electronics is set to launch its Indian subsidiary's IPO in October, aiming to raise ₹15,000 crore. This would be the largest IPO of 2025 so far, with LG divesting 15% of its Indian arm. The offering follows Hyundai's successful IPO last year. Initial plans for an April-May launch were delayed due to global economic uncertainties, impacting valuation expectations. What's Your Reaction?
