LG Electronics India files for IPO, plans to dilute 15% stake
LG Electronics India Ltd, the Indian subsidiary of South Korea’s LG Electronics Inc, has filed draft papers with the Securities and Exchange Board of India (SEBI) for an initial public offering (IPO). The public issue, entirely an offer for sale (OFS), involves the sale of 10.18 crore equity shares by the promoter, LG Electronics Inc,…