LG Electronics India approved for IPO in 2025

financialexpress.com

India is gearing up for a big year of IPOs in 2025. Many well-known companies are set to go public, bringing excitement to investors. Among the most anticipated are Reliance Jio, Tata Capital, and LG Electronics India. LG Electronics India has received approval for its IPO from SEBI. This offering will be a complete Offer for Sale, meaning the proceeds will go to its parent company in South Korea. LG is a household name in India, known for its televisions, refrigerators, and smartphones. NSDL, India’s largest depository, is also preparing for its IPO. This listing will involve existing shareholders, like NSE and IDBI Bank, selling their stakes. Officials are working to launch it by March or April. The Tata Group is entering the market again with Tata Capital. After the success of Tata Technologies, this IPO could be worth over Rs 15,000 crore, with ten investment banks managing the process. BoAt, the popular audio brand, is making another attempt to go public after pulling back in 2022. They are planning a Rs 2,000 crore IPO, capitalizing on the booming wearable market. JSW Cement has gained SEBI approval for a Rs 4,000 crore IPO, which includes both new shares and an Offer for Sale. This move is driven by the growing demand for cement in India’s real estate sector. Reliance Jio aims to launch potentially India's largest IPO, targeting Rs 40,000 crore. With its strong position in the 5G space and a vast subscriber base, this IPO could attract significant attention. Zepto, the quick-commerce platform, plans a Rs 7,000-Rs 8,800 crore IPO. They are expected to file their documents by April 2025 and have a valuation of nearly $3.6 billion. Ather Energy, focused on electric vehicles, also has SEBI approval for its IPO, featuring a Rs 3,100 crore fresh issue. They plan to launch soon as interest in EVs continues to grow. PhonePe, part of Walmart, is preparing for an IPO amid rising digital payment transactions. While details are not public yet, it is also expected this year. Lastly, HDB Financial Services is set to launch its IPO, which could be India’s largest by a non-banking financial company, with a potential offering of Rs 12,500 crore.


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