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flag LG Electronics India gets SEBI approval for ₹15,000 crore IPO, its parent selling a 15% stake.

flag LG Electronics India received approval from SEBI for its ₹15,000 crore IPO. flag This marks the second South Korean company to enter the Indian stock market after Hyundai Motors India. flag The IPO is a 100% offer for sale, with LG Electronics Inc. selling a 15% stake. flag Proceeds will go to the South Korean parent, not the Indian subsidiary. flag LG Electronics India is a leading player in home appliances and consumer electronics in India.

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