14 Oct 2025

"Latham & Watkins Advises LG Electronics India on $1.3 Billion IPO, Marking Third Largest in 2025"

"Latham & Watkins has successfully advised LG Electronics India Limited on its $1.3 billion IPO on the National Stock Exchange of India, marking it as the third largest IPO in India for 2025. This follows Latham's recent involvement in three IPOs within three days, including WeWork India's $338 million IPO and Tata Capital's $1.75 billion IPO, the latter being the largest in India for 2025. The Latham team included partners from Singapore and Hong Kong, along with support from tax advisors in Chicago and New York. Latham has a strong presence in India's capital markets, having advised on over $100 billion in India-related transactions since 2018."

Latham & Watkins has participated in the transaction by advising LG Electronics India Limited on its US$1.3 billion initial public offering (IPO) on the National Stock Exchange of India Limited (NSE). The transaction marks the third largest IPO in India in 2025 to date. Latham & Watkins has recently closed three India IPOs within a span of three business days, including the US$338 million IPO of WeWork India and Tata Capital Limited's US$1.75 billion IPO, which is the largest IPO in India in 2025 and the largest-ever IPO by an Indian non-banking financial company. Additionally, Latham advised on the largest IPO in India in 2024 for Hyundai Motor India Ltd. and the second largest for Swiggy. The Latham team involved in this transaction included Singapore partner Rajiv Gupta and Hong Kong partner Steve Kang, along with Seoul counsel Diona Park, Singapore associates Esha Goel, Bijun Huang, and Jeffy Katio, and Seoul Foreign Legal Consultant Su Bin Lee. Tax matters were advised on by Chicago partner Rene de Vera and New York partner Aaron Bernstein, with assistance from Chicago associate Valerie Silva.
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