Upcoming IPO, April 21 -- LG Electronics India, the Indian branch of the South Korean conglomerate, is anticipated to present the updated draft red herring prospectus (UDRHP) for its Rs.15,000 crore IPO to the market regulator SEBI early next month, as per a report from Financial Express (FE) citing its sources. The company plans to launch its shares on Dalal Street later that same month.

The firm has already hosted roadshows to attract investors for the IPO. It obtained approval from SEBI for the IPO back in March of this year. According to the FE report, the company has conducted roadshows to engage potential investors for the IPO.

The IPO aims to generate around Rs.15,000 crore, which includes an offer for sale from its parent compan...