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LG Electronics India Readies IPO to Raise ₹11,500 Crore
LG Electronics India is planning an IPO the week beginning October 6, aiming to raise about ₹11,500 crore (approx $1.3B). The new valuation is estimated around $9 billion, lower than earlier projections, reflecting current market sentiment. The move would be one of the largest Indian listings this year and a strategic step for LG’s India growth ambitions.
Companies:
- LG Electronics India
Tags:
- LG Electronics
- India IPO
positive
LG Electronics India Readies IPO to Raise ₹11,500 Crore
LG Electronics India is planning an IPO the week beginning October 6, aiming to raise about ₹11,500 crore (approx $1.3B). The new valuation is estimated around $9 billion, lower than earlier projections, reflecting current market sentiment. The move would be one of the largest Indian listings this year and a strategic step for LG’s India growth ambitions.
Companies:
- LG Electronics India
Tags:
- LG Electronics
- India IPO
1 min read
57 words
LG India gears up for a major IPO, raising ~₹11,500 crore at ~$9B valuation.
LG Electronics India is planning an IPO the week beginning October 6, aiming to raise about ₹11,500 crore (approx $1.3B). The new valuation is estimated around $9 billion, lower than earlier projections, reflecting current market sentiment. The move would be one of the largest Indian listings this year and a strategic step for LG’s India growth ambitions.
LG Electronics India is planning an IPO the week beginning October 6, aiming to raise about ₹11,500 crore (approx $1.3B). The new valuation is estimated around $9 billion, lower than earlier projections, reflecting current market sentiment. The move would be one of the largest Indian listings this year and a strategic step for LG’s India growth ambitions.
Companies:
- LG Electronics India
Tags:
- LG Electronics
- India IPO
- LG Electronics
- India IPO
- listing
- capital markets