Overview

• LG Electronics has delayed the IPO of its Indian subsidiary, initially planned for May, due to ongoing volatility in local equity markets.
• The company had aimed to raise approximately $15 billion by offering a 15% stake in its Indian unit through the listing.
• Market downturns have placed pressure on the valuation, potentially reducing it from $11.5 billion to $10.5 billion.
• The IPO process remains active, but LG Electronics has not set a new timeline, stating it will prioritize favorable market conditions for an optimal valuation.
• The Securities and Exchange Board of India (SEBI) approved the IPO in March 2025, following the company's December 2024 filing.