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LG Electronics India taking bids for IPO
Bangkok Post
|October 08, 2025
LG Electronics Inc's Indian unit started taking orders for its $1.3 billion initial public offering yesterday, joining Tata Capital Ltd to launch deals in what could be a record month for new listings in the country.
A woman stands near the LG Electronics logo ahead of the company's initial public offering announcement in Mumbai on Oct 1.
(REUTERS)
The South Korean parent is offering as many as 101.8 million shares of LG Electronics India Ltd at 1,080 rupees to 1,140 rupees each. That would value the company at as high as 774 billion rupees ($8.7 billion), making it the largest home-appliance maker listed in India. The shares are expected to begin trading on Oct 14.
The share sale, which comes a day after Tata Capital started taking orders for its $1.7 billion IPO, signals growing confidence that investor demand can absorb large issuances despite the headwinds facing the local stock market. All in all, Indian IPO proceeds could climb to a record in October, exceeding $5 billion.
This story is from the October 08, 2025 edition of Bangkok Post.
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