LG India’s Rs 15,000 crore IPO

Upcoming LG Electronics India’s Rs 15,000 crore IPO in

LG Electronics India has received SEBI approval for its Rs 15,000 crore IPO, involving a 15% stake sale by its South Korean parent. The offering is an offer for sale (OFS), with proceeds going to the parent company. LG Electronics India is a market leader in consumer electronics, reporting Rs 64,088 crore in revenue for FY24.