LG India Plans Historic IPO to Strengthen Market Presence

LG India, the local branch of South Korea’s LG Electronics, has filed for an IPO with SEBI. This offering of over 10 crore shares could be among India’s top five largest IPOs, with an estimated valuation of ₹15,237 crore. The company, a leader in home appliances, is expected to attract significant investor interest. Managed by major financial firms like Morgan Stanley and JP Morgan, this IPO marks a pivotal moment in LG India’s growth strategy.