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LG Electronics India Limited's total assets for the period ending June 30, 2024 stood at Rs 9253 crore, an upward shift from Rs 8498 crore in the period ending March 31, 2024.
LG is valued at around INR 1 lakh crore at its INR 15,000 IPO, with Voltas being its closest competitor, with a market capitalization of INR 56,510 crore.
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The transaction will see LG Electronics' stake in its Indian subsidiary reduced by 15%, holding onto 576.9 billion shares post-IPO.
LG Electronics plans to sell a 15% stake in its Indian affiliate through an initial public offering, two months after South Korean carmaker Hyundai Motor India's record IPO in India.
Major offerings in the pipeline include Tata Capital’s Rs 17,200-crore issue and LG Electronics’ proposed Rs 15,000-crore ...
The company aims to raise approximately KRW1 trillion (US$750 million) from the IPO by selling a portion of its stake in the Indian unit. Currently, LG Electronics fully owns the Indian subsidiary.
LG Electronics Inc.’s India unit may get a lower valuation than previously expected in its initial public offering, according to people familiar with the development, after the recent decline in ...
The LG Electronics India IPO is a Rs 15,000 crore issue and will feature prominently in the list of the top 5 IPOs in last 20 years. A book-built issue, it is likely to value the company’s ...