Try GOLD - Free
LG Electronics India, Innovision Receive Sebi Approval for IPOs
Hindustan Times Jammu
|March 19, 2025
LG Electronics India Ltd, a subsidiary of the South Korean chaebol LG, and manpower and toll plaza management services provider Innovision Ltd have received Sebi's approval to raise funds through Initial Public Offerings (IPOs), an update with the capital markets regulator showed on Tuesday.
NEW DELHI:
LG Electronics India and Innovision filed draft IPO papers with Sebi in December and obtained the regulator's observations on March 13 and March 12, respectively.
In Sebi's parlance, obtaining the observations means its go-ahead to float the public issue.
As for LG Electronics India, it filed preliminary papers with Sebi in December for an IPO wherein the parent company will sell over 10.18 crore shares, amounting to a 15% stake, as per the Draft Red Herring Prospectus (DRHP).
This story is from the March 19, 2025 edition of Hindustan Times Jammu.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Hindustan Times Jammu
Hindustan Times Jammu
MOTION TO REMOVE JUSTICE VARMA WASN'T ADMITTED IN RS AS IT WAS DEFECTIVE, SC TOLD
The motion to remove Allahabad high court judge, justice Yashwant Varma, was never admitted in the Rajya Sabha on account of being “defective”, the Lok Sabha Speaker's office told the Supreme Court, marking a fresh twist in the controversy regarding the judge's removal following discovery of wads of currency notes at his official residence in Delhi last year.
1 min
January 08, 2026
Hindustan Times Jammu
US govt adds B’desh, Nepal among other nations to visa bond policy list
WASHINGTON: President Donald Trump's administration has put 25 more countries on a list of nations whose citizens could be required to post bonds of up to $15,000 to apply for entry into the US, Reuters reported on Wednesday.
1 mins
January 08, 2026
Hindustan Times Jammu
HC orders removal of posts linking BJP leader to 2022 murder case
The Delhi high court on Wednesday directed the takedown of social media posts within 24 hours linking Bharatiya Janata Party (BJP) leader Dushyant Gautam to the 2022 murder of Ankita Bhandari, a resort receptionist, in Uttarakhand’s Pauri Garhwal.
1 min
January 08, 2026
Hindustan Times Jammu
New rural jobs scheme a step in the right direction
It incorporates the lessons learnt from 20 years of operational experience under MNREGS and makes it into an effective social security net
4 mins
January 08, 2026
Hindustan Times Jammu
Govt estimates 7.4% GDP growth in FY26
The Indian economy is expected to grow at 7.4% in the ongoing fiscal year, the National Statistical Office (NSO) said in its first advance estimates of GDP released on Wednesday.
1 mins
January 08, 2026
Hindustan Times Jammu
TRUMP-VENEZUELA TO SEND OIL STOCKS WORTH BILLIONS
President Donald Trump said that Venezuela will hand over tens of millions of barrels of oil to the US, just days after a US raid toppled the country's president, leaving a more cooperative leader in charge.
1 min
January 08, 2026
Hindustan Times Jammu
SC: State govts failed to implement ABC rules
{ SUPREME COURT } We have not ordered 'capture the dogs and shoot them'... We are monitoring that they start following the ABC Rules
1 min
January 08, 2026
Hindustan Times Jammu
Let constitutional morality guide judicial independence
On the occasion of the 77th Constitution Day, Chief Justice of India (CJI) Surya Kant articulated an idea of constitutional morality that is deeply embedded in the Constitution.
3 mins
January 08, 2026
Hindustan Times Jammu
NETANYAHU CALLS PM MODI; BRIEFS ON GAZA PEACE PLAN STATUS
Israel Prime Minister Benjamin Netanyahu briefed his Indian counterpart Narendra Modi on the implementation of the Gaza peace plan on Wednesday, and the two leaders also discussed ways to deepen the bilateral strategic partnership and to advance cooperation in counter-terrorism.
1 min
January 08, 2026
Hindustan Times Jammu
No platform for perversity
X needs reminding that no business model trumps the law, and norms of public decency
2 mins
January 08, 2026
Listen
Translate
Change font size