LG Electronics India Plans $15B IPO

LG Electronics eyes a $15 billion valuation for its India IPO, targeting a 2025 listing. This could mark one of the largest IPOs in India.

$1.5 Billion Fundraising

LG plans to raise $1-1.5 billion through the sale of 101.82 million existing shares. No new issuances are included in the offering.

IPO Roadshow Details

A formal roadshow is planned within two months, with the IPO set for the first half of 2025. Final valuation depends on investor demand.

Top Banks Manage IPO

Morgan Stanley, JPMorgan Chase, Axis Capital, Bank of America, and Citigroup will manage the IPO, ensuring seamless execution.

LG Joins Top IPOs

LG’s IPO could join India’s top five IPOs, including Hyundai Motor, LIC, Paytm, and Coal India. A historic debut is anticipated.

2024: Indian IPO Boom

Indian IPOs raised $18 billion in 2024, including Hyundai’s $3.3 billion and Swiggy’s $1 billion, highlighting growing global interest.