21/4/2025, 10:26:02 am

LG Electronics India likely to file updated DRHP early next month

LG Electronics India plans to file an updated draft for its ₹15,000 crore IPO with SEBI next month, aiming to list on Dalal Street later that month. The IPO includes a 15% stake sale to fund expansion in Asian and African markets and reduce reliance on North America amid U.S. tariffs. The company reported a 14.8% revenue rise to $2.8 billion in FY24.