LG Electronics Expected to Adjust Pace of Indian IPO

LG Electronics is expected to slow down the pace of the initial public offering (IPO) of its Indian subsidiary.

According to industry sources on April 23, LG Electronics' Indian subsidiary is in the final stages of preparing for its IPO. The subsidiary submitted a preliminary IPO review application on December 6, 2024, and the Securities and Exchange Board of India recently granted preliminary approval for the IPO.

Once LG Electronics' Indian subsidiary completes the final paperwork, it will proceed with demand forecasting for investors, then determine the offering price and date, and finally go through the process of obtaining approval for the final securities registration statement.

Initially, industry observers expected the IPO of LG Electronics' Indian subsidiary to take place as early as the first half of the year. However, there are indications that the timeline may be delayed depending on the situation.

The company is now reviewing a strategic timing that would allow it to receive a proper valuation. Temporary volatility in global stock markets, caused by changes in U.S. trade policy under President Donald Trump, appears to be a factor necessitating a review of the IPO schedule.

An LG Electronics official stated, "We are currently proceeding with the procedures for listing the Indian subsidiary," and added, "The final decision on whether to go public will be made based on market conditions, and nothing has been confirmed yet." The official continued, "We plan to closely monitor the market and review a strategic timing that will allow us to receive a proper valuation."