What’s inside:
This article provides details about LG Electronics’ upcoming IPO, including investment amounts and expected gains.
The IPO of LG Electronics is set to open on October 7. If you’re thinking of investing, you’ll need to put in at least Rs 14,820 to participate.
Investors can apply for this IPO until October 9. The price range for shares is between ₹ 1080 and ₹ 1140. A single lot consists of 13 shares, and allotment results will be announced on October 10, with the listing happening on October 14.
Investors are hopeful for good returns, as the current Gray Market Premium (GMP) is around Rs 312. This suggests a potential profit of about 27%, or Rs 4,056, for retail investors. However, it’s important to remember that GMP is just an estimate, and performance should be evaluate