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LG Electronics India Gets SEBI Nod for $15 Billion IPO Amid Market Uncertainty

LG Electronics India Gets SEBI Nod for $15 Billion IPO Amid Market Uncertainty

LG Electronics India has received SEBI's green light for a ₹15,000 crore IPO, but plans are on hold thanks to turbulent Indian stock markets. The landmark offering, managed by leading investment banks, would see the parent offload a 15% stake through an OFS of 101.8 million shares.

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