positive
39 days agoLG Electronics India Aims ₹8,700 Cr Valuation in IPO Launch
LG Electronics is preparing to go public in India via an IPO that values its local business at around ₹87,400 crore (approximately $8.7 billion). The offering will involve the sale of up to 15% of its India unit through nearly 1.02 billion shares, with a tentative price band between ₹1,080 and ₹1,140 each. The proceeds are expected to fund expansion, R&D, and debt reduction. The IPO is slated to open in the coming week.
Reuters• By Sneha Pathak
Explore:Mutual Fund AI Screening
positive
39 days agoLG Electronics India Aims ₹8,700 Cr Valuation in IPO Launch
LG Electronics is preparing to go public in India via an IPO that values its local business at around ₹87,400 crore (approximately $8.7 billion). The offering will involve the sale of up to 15% of its India unit through nearly 1.02 billion shares, with a tentative price band between ₹1,080 and ₹1,140 each. The proceeds are expected to fund expansion, R&D, and debt reduction. The IPO is slated to open in the coming week.
Reuters• By Sneha Pathak
Explore:Mutual Fund AI Screening
about 1 month ago
1 min read
74 words
LG is launching a ₹8,700 crore-valued IPO for its India unit, selling a 15% stake.
LG Electronics is preparing to go public in India via an IPO that values its local business at around ₹87,400 crore (approximately $8.7 billion). The offering will involve the sale of up to 15% of its India unit through nearly 1.02 billion shares, with a tentative price band between ₹1,080 and ₹1,140 each. The proceeds are expected to fund expansion, R&D, and debt reduction. The IPO is slated to open in the coming week.
LG Electronics is preparing to go public in India via an IPO that values its local business at around ₹87,400 crore (approximately $8.7 billion). The offering will involve the sale of up to 15% of its India unit through nearly 1.02 billion shares, with a tentative price band between ₹1,080 and ₹1,140 each. The proceeds are expected to fund expansion, R&D, and debt reduction. The IPO is slated to open in the coming week.
Companies:
LG Electronics India
Tags:
IPO India
LG Electronics
IPO India
LG Electronics
capital markets
public listing
fundraising
Oct 1, 2025 • 13:40 IST