Rs 11,600 crore heading to Korea? LG dangles a carrot to keep Indian IPO investors hooked

LG Electronics India's Rs 11,607 crore IPO, a pure offer for sale, aims to attract investors with a reasonable valuation and a strong domestic pitch. Despite the overhang of a large OFS, the company's market leadership, robust growth, and parent's reinvestment plans signal a commitment to India's expanding consumer electronics market.