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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.
The transaction will see LG Electronics' stake in its Indian subsidiary reduced by 15%, holding onto 576.9 billion shares post-IPO.
Major offerings in the pipeline include Tata Capital’s Rs 17,200-crore issue and LG Electronics’ proposed Rs 15,000-crore ...
LG Electronics India has announced plans to raise $1.8 billion (approximately Rs 15,000 crore) through its initial public offering (IPO), which will involve the sale of 10.18 crore shares by its ...
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.
Tata Capital aims to raise about $2.2 billion in its IPO, which is expected to launch in the first half of September, the ...
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 ...
Among firms gearing up to enter the market, Tata Capital Ltd. is planning to raise about $2 billion. The Indian unit of South ...
Tata Capital targets up to $20 billion valuation for September IPO, driven by recent fundraising success. | One of India's ...
Indian companies are gearing up to raise over $30 billion through Initial Public Offerings (IPOs) in the next 12 months, ...