The Indian unit of the South Korean white goods giant LG Electronics expects to collect Rs 11,600 crore through an Initial Public Offering or the IPO, which will hit the market on October 7. LG India IPO will issue 10.18 crore shares in a price band of Rs 1,080-1,140 apiece. It will peg the company's valuation at Rs77,500 crore, or about $8.7 billion. It will be the fourth billion-dollar IPO to hit India’s market in 2025 after HDB Financial Services Ltd., Hexaware Technologies Ltd. and Tata Capital Ltd. Tata Capital’s Rs15,500 crore IPO will open on October 6.

LG Electronics India invests $600 million in Andhra Pradesh

LG Electronics India has invested $600 million in its upcoming factory in Andhra Pradesh state. It aims to raise to $1.3 billion in the forthcoming IPO, which will be the

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