Erictronics LG to come up to Indian 15,000 IPO CROROR: What’s the catch? 5 Important facts must know – IPO News

After a shorter in IPOs Tick-Ticket-Ticket, the Indian stock market for households in household names. After Hyundai Indian Motors made the year wave, the other South Korea, Swg Sprowresics, ready to stop sharing Indian stock exchange.

Consumer electronic leaders were approved by the Indian Commission and the SEBI exchange for IPO RS 15,000 its crore.

For investors looking for this large list, this is five important things to know:

1. The pure offer for sale (of) – no cash for LG Indian

Unlike some iPos where the Fresh Freed Freed Company for Growth, IPO Electronics LG’s electronic electronics are like. This means that of 15,000 levels retre-raised crore will go to South Korean parents, LG Electronics Inc. And not the indian subsidious. Investors should not be noted that this IPO will not take additional capital to LG’s operation but is in the purpose of the mother company.

2. 15% Stock Export by Mother Company

LG Electronics Inc. 10.18 Crore in IPO, which covers 15% stakes in LG Electtronics Indian. While this list will provide the opportunity to own the India in the company, the decision has remained with the South Korean parents.

3. About the Company: Important leaders in consumer appliances

LG Electronics India is common in families in consumer appliances and home users. From the washing machine and refrigerator on the board and air conditioning, brand with outline market share. The company also provides both business operations (B2C) and B2C market) business (B2B).

4. Financial performance

Look at the company’s financial work, this electronic maker has been specified in the balance sheet on the balance sheet. For the financial year ended 31, 2024, LG Electronics India Records from Run 64.087.97 crore.

5. The top investment bank handle IPO

IPO is supported by introducing the global investment bank. Morgan Stanley India, JP Morgan India, Capital Ax Capital Axis in India, and Marketing Global General Managing.