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LG Electronics India to begin taking orders for $1.3 billion IPO
摩根大通摩根大通(US:JPM) BusinessLine·2025-10-07 13:13

LG Electronics Inc.’s Indian unit is set to start taking orders for its 1.3billioninitialpublicoffering,joiningTataCapitalLtd.tolaunchdealsinwhatcouldbearecordmonthfornewlistingsinthecountry.TheSouthKoreanparentwillofferasmanyas101.8millionsharesofLGElectronicsIndiaLtd.at1,080to1,140eachfromTuesday.Thatwouldvaluethecompanyatashighas77,400crore(1.3 billion initial public offering, joining Tata Capital Ltd. to launch deals in what could be a record month for new listings in the country.The South Korean parent will offer as many as 101.8 million shares of LG Electronics India Ltd. at ₹1,080 to ₹1,140 each from Tuesday. That would value the company at as high as ₹77,400 crore (8.7 billion), making it the largest home-appliance maker listed in India. The shares are expected to b ...