LG Electronics Looks to Restart India IPO Plans by September

After putting its IPO plans on hold earlier this year due to unstable market conditions, LG Electronics is now reconsidering a public offering for its Indian subsidiary. The company is expected to submit fresh financial disclosures in the coming months, with the aim of launching the IPO as early as the fourth quarter, as per news reports. 

If it proceeds, the listing could raise between $1.5–$1.7 billion, making it one of the most significant public issues in India this year.

Strengthening Local Presence

LG’s renewed IPO(initial public offering) interest is supported by real investment on the ground. The company has started developing its 3rd manufacturing plant in Sri City, Andhra Pradesh, with a planned investment of $600 million. This facility is expected to create around 1,500 direct jobs and support thousands more through its supply network. 

Together with its existing sites in Greater Noida and Pune, this expansion underlines LG’s commitment to its long-term India strategy.

Taking a Measured Approach

Company executives, including LG’s Chief Financial Officer Chang-tae Kim, have indicated there’s no urgency to list. The brand is keeping a close eye on market sentiment and valuation shifts. 

News reports suggest that the company may now be targeting a valuation of around $10.5–$11.5 billion, lower than its original $15 billion estimate, following fluctuations in the global and domestic investment landscape.

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Conclusion

LG Electronics is taking steady, well-paced steps as it looks to re-enter India’s capital market. With a major plant underway and financial groundwork in motion, the company appears to be laying a solid foundation before making its next move. If market conditions hold firm, its IPO could become a highlight of the year for India’s business landscape.

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