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They stated that the company has informed advisers about the possibility of delaying the IPO of LG Electronics India (LG India), originally scheduled for May.
The ultimate decision is still pending, and LG might opt to launch the Indian subsidiary if market conditions get better, according to sources from the agency.
An LG representative informed the agency that the process of preparing for the IPO is ongoing, but the company refrains from commenting on the IPO's timing.
In March 2025, the Securities and Exchange Board of India (SEBI) sanctioned the request for the initial public offering of LG's Indian branch. It was anticipated that the placement might attain $1.5 billion, while the overall valuation of LG India could hit $15 billion.
Nonetheless, the recent decline in stock markets might result in a reduction of the company's valuation during the IPO to $10.5-11.5 billion, according to Bloomberg’s sources.
source: bloomberg.com
The ultimate decision is still pending, and LG might opt to launch the Indian subsidiary if market conditions get better, according to sources from the agency.
An LG representative informed the agency that the process of preparing for the IPO is ongoing, but the company refrains from commenting on the IPO's timing.
In March 2025, the Securities and Exchange Board of India (SEBI) sanctioned the request for the initial public offering of LG's Indian branch. It was anticipated that the placement might attain $1.5 billion, while the overall valuation of LG India could hit $15 billion.
Nonetheless, the recent decline in stock markets might result in a reduction of the company's valuation during the IPO to $10.5-11.5 billion, according to Bloomberg’s sources.
source: bloomberg.com
