LG Electronics India Gets SEBI Nod for ₹15,000 Crore IPO – Key Details & Market Impact. AI-Generated.
LG Electronics India, a leading player in the consumer electronics industry, has received approval from the Securities and Exchange Board of India (SEBI) to launch its highly anticipated ₹15,000 crore Initial Public Offering (IPO). This marks a significant step for the Indian subsidiary of the South Korean tech giant, as it prepares to enter the stock market. With this IPO, LG Electronics India will become the second South Korean company to be listed in India, following Hyundai Motors India’s public offering in 2024.