LG Electronics India has fixed a price band of Rs 1,080-1,140 per share for its IPO, aiming for a Rs 77,400 cr valuation through a ₹11,607 cr offer-for-sale
LG Electronics India Ltd. got regulatory approval for its updated draft red herring prospectus on Thursday and filed the final version on Tuesday
This will be the second South Korean company to tap the Indian stock market following the listing of Hyundai Motors India Ltd in October last year
The exchange surpassed the 110-million mark in January this year
With Xbox cloud gaming and Zoom integration, LG is positioning its Automotive Content Platform as part of a broader shift towards software-defined, connected vehicles
LG Electonics had initially planned to launch the IPO in April-May but announced to defer it due to market volatility
Vivo X Fold 5, X200 FE launched. Reliance's JioPC launched. LG OLED Evo G5 TV launched. iQOO to launch the Z10R soon. Google Pixel 10 series. Apple Watch Ultra 3 Samsung S25 FE
The most premium offering from LG's 2025 OLED Evo lineup will set you back by approximately Rs 25 lakh. It brings a range of AI features and is powered by Alpha AI Processor Gen2
The South Korean company is planning to refile its preliminary prospectus with updated financial results after the summer, with the IPO potentially taking place as early as the fourth quarter
The foundation stone was laid by Andhra Pradesh's Minister for Education, IT, and Electronics, Nara Lokesh, in the presence of LGEIL India Managing Director (MD) Hong Ju Jeon and other dignitaries
IPO-bound electronics manufacturer will invest $600 million in the plant located in Sri City, close to the South Indian city of Chennai
Avanse Financial and Anthem Biosciences are among firms, including LG's India unit, set to delay IPO plans amid weak market sentiment, according to investment bankers
South Korean major LG Electronics has delayed the upcoming initial public offering (IPO) for its Indian unit, amid volatility in the local share markets, according to industry insiders.
India was the world's second-largest market by IPO proceeds in 2024 but listings are down 15% this year, data compiled by LSEG showed
LG Electronics has informed advisors that it may postpone the public issue and may resume if the market conditions improve
Daikin, Hitachi and Samsung are among manufacturers raising concerns over new Indian government rules mandating significantly higher payments for recycling appliances like ACs, refrigerators and TVs
Both companies had planned to launch their offerings this month
Starting at Rs 32,000, the 2025 LG 4K UHD smart monitors support 90 per cent DCI-P3 colour range and HDR10 visuals
While the valuation figure is potentially lower, LG Electronics India might raise as much as $1.7 billion in the IPO, which is more than originally anticipated
LG Electronics India and Innovision filed draft IPO papers with Sebi in December and obtained the regulator's observations on March 13 and March 12, respectively