LG Electronics India cuts IPO to ₹10,000 cr, targets Oct listing
LG Electronics India scaled back its IPO to ₹10,000 crore, cutting planned dilution to 10% from 15%, as per TOI. The offer, entirely OFS, is now eyed for mid-October after May's delay. Market sentiment may improve with recent GST cuts on electronics. Lead managers include Morgan Stanley, J.P. Morgan, BofA and Citi.