LG Electronics India to file updated DRHP early next month

LG Electronics India, the Indian arm of the South Korean major, is likely to file the updated draft red herring prospectus (UDRHP) for its Rs 15,000 crore IPO with the market regulator Sebi early next month, according to sources.

Following this, it is aiming to hit the Dalal Street later the same month.

The sources also stated that Cho Joo-wan, chief executive of LG Electronics, would visit the country and attend the listing day event.