LG Electronics eyes ₹1.27 lakh cr valuation in India IPO: Report

LG Electronics is considering increasing its Indian unit's valuation to as much as $15 billion (over ₹1.27 lakh crore) in a planned listing in Mumbai next year, reported Bloomberg. The company is planning to start a formal roadshow within the next two months, report added. Earlier this month, LG filed for an IPO to raise around $1.5 billion (₹15,237 crore).