The Indian unit of South Korea's LG Electronics filed for an initial public offering on Friday to cash in on the country's growing demand for consumer durables amid higher appetite for IPOs. The Indian firm said its parent company will sell 101.

LG Electronics India filed an IPO in India, aiming to capitalize on the country's growing appliances and electronics market. However, concerns arise regarding potential conflicts of interest with other LG entities and the lack of exclusivity agreements.

The Indian unit of South Korea-based LG Electronics Inc. filed for an initial public offering, the latest among foreign companies looking to tap investors in the South Asian country’s booming market.

LG Electronics India has filed for a mega ₹15,000 crore IPO, aiming to raise approximately $1.8 billion through an offer-for-sale of equity shares.

LG Electronics’ Indian arm has filed for an IPO to sell 101.8 million shares, aiming to raise $1 billion to $1.5 billion and achieve a valuation of about $13 billion. Major competitors include Whirlpool India and Samsung’s Indian arm.

The Indian subsidiary of South Korean major LG Electronics on Friday filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India to raise Rs 15,000 crore through an initial public offering (IPO).

LG India has been investing to enhancing its production facilities and upgrading equipment and manufacturing processes to improve efficiencies.

LG Electronics India, the Indian arm of South Korean tech giant LG Electronics, has filed its draft red herring prospectus (DRHP) with the (SEBI). The company plans to raise ₹15,000 crore via an initial public offering (IPO).

South Korea's LG Electronics' Indian unit filed for an initial public offering (IPO) on Friday, with the parent firm selling 101.8 million shares. IPO for the company, which sells washing machines and refrigerators,

The consumer durables giant aims to raise approximately $1.8 billion (Rs 15,237 crore) through the offering. The IPO is expected

South Korea-based consumer electronics giant LG Electronics India filed its draft papers with the market regulator Securities and Exchange Board of India (SEBI) on Friday for its initial public offer (IPO).