LG Electronics India unit IPO likely in September: Report
LG Electronics is planning an Initial Public Offering (IPO) of its Indian unit. The company is looking to file the preliminary prospectus by September and is targeting the IPO launch by the fourth quarter of the financial year 2025-26. This is as per a report on Economic Times.
According to the report, LG is looking to raise about $1.7 billion in its India IPO. The global electronics giant was planning an IPO of its India unit earlier this year in May; however, it halted its plan in April due to market volatility, says the report.
