The initial public offering (IPO) of LG Electronics India is set to open for subscription on Tuesday, October 07 and will close on Thursday, October 09. The electronics goods player has announced to sell its shares in the range of Rs 1,080-1,140 per share. Investors can apply for the issue in the multiples of 13 equity shares and its multiples thereafter. Advertisement

The IPO of LG Electronics India is entirely an offer-for-sale (OFS) of up to 10,18,15,859 equity shares, with a face value of Rs 10 each, by its South Korean parent LG Electronics Inc. The company is looking to raise a total of Rs 11,604.90 crore via IPO. LG Electronics Indi will not receive any proceeds from the issue. Anchor book details will be announced on Monday, October 07.

Incorporated in 1997, New Delhi-based LG E

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