LG Electronics Eyes Revival of Indian Unit IPO in Late 2025

LG Electronics is preparing to revive the IPO of its Indian subsidiary by late 2025, following a postponement in 2023 due to market volatility. The potential $1.7 billion listing aligns with India's resurgent IPO market, which has seen record fundraising activity this fiscal year.

The South Korean conglomerate is reportedly finalizing plans to refile its draft prospectus after summer 2025, contingent on favorable market conditions. India has emerged as LG's second-largest global market, driven by localized manufacturing and growing consumer demand for electronics.

Concurrently, LG is investing $600 million in a new Andhra Pradesh production facility, signaling long-term commitment to the Indian market. The IPO's revival reflects renewed confidence in India's capital markets amid improving investor sentiment.