LG ELECTRONICS IPO
Rs 15,000 crore in vain? LG Electronics IPO has investors worried about a Korean red flag
LG Electronics is set to launch a Rs 15,000 crore IPO in October through an offer-for-sale, sending proceeds to its Korean parent. While the company leads India’s appliance market, investors remain cautious about short-term gains, recalling Hyundai India’s disappointing debut despite long-term growth prospects.
LG Electronics set to launch Rs 15,000 crore IPO in India this October
LG Electronics is set to launch its Indian arm's IPO in October, aiming to raise ₹15,000 crore. The offering, approved by Sebi, involves selling 15% of the local unit. This move follows a postponement due to market volatility and seeks to capitalize on the current bullish primary market momentum, making it potentially the largest IPO of 2025.
UKB Electronics files DRHP with SEBI for Rs 800 crore IPO
UKB Electronics, a top Indian EMS provider, plans to launch an IPO. The company aims to raise Rs 800 crore. This includes a fresh issue and an offer for sale. Funds will be used to reduce debt and expand facilities. UKB serves various sectors and exports to 17 countries. The shares will be listed on BSE and NSE.
India sees IPO surge ahead of key financial disclosure deadline
Indian companies are accelerating their IPO plans. They aim to attract global investors before August 12. This deadline relates to using March quarter financials in IPO filings. Liquidity and tariff concerns are driving this surge. Several companies have already raised significant capital. More IPOs are expected, potentially exceeding last year's record.
Lenskart IPO: Eyewear firm files draft papers with Sebi for Rs 8,000 crore listing
Lenskart IPO news: Eyewear maker Lenskart has filed its DRHP with Sebi to launch an IPO comprising a fresh issue of shares worth Rs 2,150 crore and an OFS of up to 132.3 million shares. The company intends to utilise the funds raised to support its global expansion, strengthen supply chains, and invest in technology.
ETtech explainer: Decoding Lenskart’s draft prospectus for Rs 8,000 crore IPO
Lenskart’s IPO will be the biggest among new-age companies — others include Groww, Meesho and PhysicsWallah — going public this year. However, unlike the other companies, Lenskart has not opted for a confidential filing process. Instead, it has filed a 761-page long DRHP. ETtech takes you through the details of Lenskart’s DRHP.
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Lenskart IPO: Founder Peyush Bansal buys back company shares at steep discount ahead of going public
Bansal, who owns a 10.3% stake in Lenskart, is also selling 20.5 million shares in the initial public offering’s (IPO) offer-for-sale component. At the Rs 70,000-75,000 crore (around $8-9 billion) valuation at which Lenskart is aiming to go public, the sale could result in proceeds of around Rs 700-750 crore for Bansal.
Umiya Mobile IPO: Check GMP, price band and other details
Umiya Mobile, a Rajkot-based electronics retailer, is launching its Rs 24.88 crore IPO on Monday, offering 37.7 lakh shares at Rs 66 each. The company intends to use the funds to reduce debt and for general corporate purposes. With significant revenue and profit growth in FY25, Umiya Mobile plans to list on the BSE SME platform on August 4.
D-St gears up for Rs 2.6 lakh crore IPO storm in H2; Tata Capital, LG, Groww among biggest issues
India's primary market is set for a significant IPO surge in the remainder of 2025, with over ₹2.58 lakh crore worth of offerings in the pipeline, driven by financial services firms, startups, and unicorns. Strong investor participation, particularly from mutual funds fueled by consistent equity scheme inflows, and private equity firms seeking exits are contributing to this robust IPO activity.
Tata Capital seeks up to $20 billion valuation in upcoming IPO
Tata Capital is preparing for its IPO. The IPO aims to raise about $2.2 billion. The launch is expected in early September. The valuation target is around $12 billion. This valuation is higher than previous estimates. The IPO is buoyed by successful listings like HDB Financial Services. Market enthusiasm is growing. Other big listings are also anticipated.
Top arranger says India IPOs to raise $30 billion over 12 months
Indian IPO market is expected to remain strong. Companies are preparing to raise over $30 billion in the next year. Around 150 firms are planning to enter the equity market. Tata Capital and LG Electronics India are among the firms planning IPOs. Market sentiment is positive due to India's economic growth and political stability.
Citibank India sees 'billion-dollar IPOs' boosting business, country head says
Citibank India expects a strong year for its equity capital market business as initial public offerings (IPOs) pick up after a slow start in 2025, the Wall Street bank's India country head said.
NSDL IPO set to open soon: Unlisted share price down 20% from peak. Here are 7 things to watch out for
National Securities Depository Ltd (NSDL), India's oldest depository, is preparing to launch its IPO in the coming weeks, aiming to raise approximately Rs 3,429 crore. The IPO, entirely an offer for sale by existing shareholders, has seen its issue size scaled back. NSDL shares have experienced a correction in the unlisted market ahead of the listing on NSE and BSE.
JM sees Indian IPOs adding $3 trillion market value over decade
India's IPO market is booming. It may add $2 trillion to $3 trillion in market value in the next decade. IPOs have already raised over $6 billion this year. Many more deals are expected across various sectors. M&A activity is also increasing. Dealmaking in India is likely to remain strong as the economy grows.
Tata Capital, LG, NSDL among big-ticket IPOs ready to hit Dalal Street this year
India's IPO market is gearing up for a strong second half with Tata Capital, LG Electronics India, NSDL, and others set to hit Dalal Street. Over 70 firms have SEBI approval, signalling robust investor appetite and a packed primary market calendar ahead.
From LG to NSDL: India IPO market gears up for $2.4 billion in offerings in July as confidence rebounds
Indian firms could raise some $2.4 billion through IPOs in July, investment bankers said, raising hopes of a sustained revival in primary offerings after demand was dented by the U.S. trade war and global geopolitical tensions earlier this year.
LG rewires strategy before hitting IPO switch
LG Electronics India is implementing cost-cutting measures, including reducing in-store sales promoters, due to declining revenue in the first half of 2025. Sales of ACs and refrigerators have been impacted by a cooler summer and weak consumer demand. The company aims to present a strong financial performance before its planned IPO, scheduled for October-November, to attract investors.
LG Electronics is said to consider resuming IPO of Indian unit
LG Electronics is considering reviving the IPO of its Indian unit as early as September, sources said. The South Korean firm may refile its draft prospectus post-summer with updated financials, targeting a fourth-quarter listing. The IPO was paused in April due to market volatility, and the company had said it would revisit the plan based on market conditions.
LG Electronics IPO to be delayed amid market volatility
South Korean major LG Electronics has delayed the upcoming initial public offering (IPO) for its Indian unit, amid volatility in the local share markets, according to industry insiders.
LG Electronics pauses IPO plans of Indian unit: Reports
LG Electronics has reportedly paused its Indian unit's IPO plans due to volatility in the local stock markets, according to Bloomberg News. While an LG official stated the IPO process is underway and refuted claims of suspension, this decision aligns with similar actions by other companies like Ather Energy, which recently scaled back its IPO amid market uncertainty.
LG Electronics IPO: Season 2 of K-drama unfolds amid market slump
LG Electronics India has received SEBI approval for an IPO worth about Rs 15,000 crore. This move comes during a challenging period for the Indian market. Despite the current market slump, the company aims to boost its presence and valuation. The IPO could become one of India's largest, potentially raising $1 billion to $1.5 billion.
LG kicks off roadshows for $1.5 billion India IPO
LG Electronics is holding roadshows for its Indian unit's planned IPO, expected to raise $1-1.5 billion with a valuation up to $15 billion. The Mumbai listing, aided by major banks, follows Hyundai's record Indian IPO last year. Despite initial excitement, Hyundai's stock performance has dipped, reflecting a broader market slowdown.
LG chief to visit India ahead of IPO, weigh investment options
LG Corp chairman Kwang Mo Koo plans to visit India to finalize the IPO of LG Electronics India, valued at ₹15,000 crore, around April-May. He will also explore new investment opportunities in manufacturing displays and components. This will be the first business trip by LG's top boss in a decade.
LG eyes up to $15 billion valuation for India unit IPO: Report
LG Electronics may boost its Indian unit's valuation to $15 billion for a Mumbai IPO in 2025. The roadshow will begin within two months. The company initially targeted a $13 billion valuation. LG may raise $1 billion to $1.5 billion. Indian IPOs are booming, with nearly $18 billion raised this year.
LG Electronics India files for IPO to sell 10.18 crore shares
LG Electronics India has filed for an IPO to offload 10.18 crore shares, aiming to raise $1.8 billion. Parent company LG Electronics Inc. will sell its stake. The move follows Hyundai's recent Indian IPO. LG plans to invest ₹5,000 crore in a third Indian factory and encourage supplier localization.
LG Electronics' India arm files for IPO amid strong consumer durables demand
LG Electronics India plans a Rs 152.37 billion ($1.80 billion) IPO, selling 101.8 million shares without issuing new ones, amid growing consumer durables demand. Despite market volatility, India’s appliance market is projected to grow 12% in five years. Key managers include Morgan Stanley and JP Morgan.
Readying for IPO, LG hops on to a Hyundai car
Broking firms said companies borrow from each other when setting up their investor sections but these are not made public until they're ready. Another person said it might have been beta testing of the section on the LG India website that went public by mistake.
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