LG Electronics India, the consumer durables and home appliances giant, has kicked off its Rs 11,607 crore IPO, one of the biggest public issues of 2025.The offer, which opened on Tuesday, October 7, will close on Thursday, October 9. The price band? Between Rs 1,080 & Rs 1,140 per share.It’s a pure Offer For Sale, which means the Indian arm won’t get any of the IPO proceeds – the entire amount goes to the South Korean parent, LG Electronics. After this issue, the promoter will still hold 85% stake, so the public float will remain limited. But under Sebi’s new rules, LG will have 5 years to meet the minimum public shareholding norms.
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