Indian subsidiaries of multinational corporations frequently command significantly higher valuations than their parent companies, driven by investor confidence in India’s rapid economic growth. LG Electronics India’s IPO exemplifies this trend, with its valuation far exceeding its Korean parent despite smaller revenues. This pattern is observed across numerous sectors.
Jio IPO allotment likely today: GMP signals 22% listing gains — Here’s how to check status
The IPO allotment is expected to be finalised today, allowing applicants to check whether they have been allotted shares through the registrar’s website and other