New Delhi, Sept. 8 -- South Korean consumer electronics major LG Electronics is gearing up to launch the initial public offering (IPO) of its Indian subsidiary in October 2025.

The offering is expected to raise around Rs 15,000 crore, making it the largest IPO of the year in India and one of the biggest in the country's market history.

The IPO will be carried out through an Offer for Sale (OFS), under which the parent company, LG Electronics Inc., will offload 10.18 crore equity shares.

This represents a 15 per cent stake in its Indian arm. Since the IPO involves only existing shares, all proceeds from the sale will go directly to the South Korean parent company rather than being reinvested into LG's Indian operations.

Initially plann...