The IPO market continues to be buzzing and some big bag IPOs are set to be unveiled next week. Among them, one of the closely watched IPO will the common household name, LG Electronics India , a subsidiary of the global electronics giant. It is all set to open its subscription window on October 7.
According to the brokerage report by Nuvama , the company’s dominance across categories like washing machines, refrigerators, televisions, inverter air-conditioners, and microwaves puts it in a strong position.
But the real question for investors is whether the IPO pricing leaves enough room for growth. Let’s take a look at what is the brokerage say of this upcoming IPO –
LG Electronics India IPO: Market dominance in home appliances
LG Electronics entered the Indian market in 1997. Sin