South Korean Giant LG India Moves Ahead With IPO Plans In India. Here're The Details

South Korean Electronics Giant LG India Files for IPO – All You Need to Know. LG India, the local arm of South Korea's LG Electronics, has officially filed its Draft Red Herring Prospectus (DHRP) with SEBI for what could be one of India's five largest IPOs ever. The offering involves up to 10.18 crore equity shares of ₹10 each, with a potential valuation of ₹15,237 crore (approx. $1.80 billion), as reported by Reuters. This IPO could join the ranks of India’s top 5 IPOs, following Hyundai India, One97 (Paytm), LIC, and Coal India. Known for its strong presence in home appliances like washing machines and refrigerators, LG India’s public issue is expected to attract significant investor attention. Morgan Stanley, JP Morgan, BofA Securities, and Citi are the lead book-running managers for this public offering, while KFin Technologies serves as the registrar. In this video, we explore LG India’s IPO plans, its market dominance, and the implications for India's equity market. Don’t miss this detailed report on what could be a landmark IPO!