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LG Electronics India IPO opening soon: What to know

Business

LG Electronics India, the Indian arm of the well-known South Korean brand, is opening its IPO from October 7 to 9, 2024.
If you've grown up seeing LG fridges and TVs at home, this is your shot to own a piece of the company that's been part of Indian households since 1997.

OFS with shares available at ₹100 each

This is an Offer For Sale (OFS), with up to 10.18 crore shares up for grabs.
All funds raised will go back to LG's parent company in Korea—not the Indian branch.
The main aim here is simple: let everyday investors join LG's journey by listing its shares on Indian stock exchanges.