LG’s $1.3bn IPO marks a shift in India’s market power
LG's $1.3bn IPO, fully subscribed on day one, and Hyundai's recent listing signal a return of blue-chip MNCs to India's markets. Unlike offshoring plays, these brands have deep consumer roots, stronger governance and long-term commitment. More such listings could deepen liquidity, raise standards and steady valuations especially amid a crowded, mixed-quality IPO pipeline.