Daily BriefsIndia

Daily Brief India: LG Electronics India, Park Medi World and more

In today’s briefing:

  • LG Electronics India Pre-IPO – Peer Comparison – Largest but One of the Slowest
  • LG Electronics India Pre-IPO – Thoughts on Valuation
  • Park Medi World Pre-IPO Tearsheet


LG Electronics India Pre-IPO – Peer Comparison – Largest but One of the Slowest

By Sumeet Singh

  • LG Electronics (066570 KS) is looking to raise US$1.5bn+ via part-selling its stake in LG Electronics India.
  • LG Electronics India (LGEI) was the market leader in India in major home appliances and consumer electronics (excluding mobile phones) in terms of volume in 1Q25, as per Redseer Report.
  • We have looked at the company’s past performance in our previous note. In this note, we undertake a peer comparison.

LG Electronics India Pre-IPO – Thoughts on Valuation

By Sumeet Singh

  • LG Electronics (066570 KS) is looking to raise US$1.5bn+ via part-selling its stake in LG Electronics India.
  • LG Electronics India (LGEI) was the market leader in India in major home appliances and consumer electronics (excluding mobile phones) in terms of volume in 1Q25, as per Redseer Report.
  • We have looked at the company’s past performance and undertaken a peer comparison in our previous note. In this note, we talk about valuations.

Park Medi World Pre-IPO Tearsheet

By Nicholas Tan

  • Park Medi World (1605334D IN)  is looking to raise at least US$147m in its upcoming India IPO. The deal will be run by Nuvama, CLSA, DAM Capital and Intensive FS.
  • It is the second largest private hospital chain in North India, with an aggregate bed capacity of 3,000 beds.
  • It the largest private hospital chain in terms of bed capacity in Haryana with 1,600 beds located in the state as of 1H25. 

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