LG Electronics India IPO to Launch October 7 with ₹11,500 Cr Target

LG India’s IPO opens Oct 7–9 with a valuation aim of ₹11,500 cr through a stake sale by parent company.

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LG Electronics India IPO to Launch October 7 with ₹11,500 Cr Target

LG Electronics India will open its IPO from October 7–9, fully via offer for sale, aiming to raise ₹11,500 cr by divesting ~15% stake. Parent LG Electronics Inc. plans to sell over 10 crore shares. The move reflects confidence in the domestic consumer durable market.
Companies:
  • LG Electronics India
Tags:
  • LG Electronics
  • IPO