01-May-2025
Corporate News
 
LG India postpones $15 billion IPO amid market uncertainty
30-Apr-2025

LG Electronics India has deferred its much-awaited listing owing to stock market volatility, reported PTI, citing sources. Previously, in the second week of May, the South Korean giant Chaebol planned the IPO and subsequent listing of LG Electronics India on the bourse. However, it has been postponed for at least a quarter. However, the electronics firm may delay the listing even further if LG Electronics do not find the market sentiments favourable even in August.

News Source:- https://www.financialexpress.com/market/ipo-news-lg-india-postpones-15-billion-ipo-as-amid-market-uncertainty-3826658/?ref=hometop_hp