LG Electronics IPO day two. (Photo Source: Company website) Show Quick Read Summary is AI Generated. Newsroom Reviewed
LG Electronics India Ltd.'s initial public offering was subscribed 2.20 times as of 01:37 p.m. on its second day of bidding on Wednesday. The issue will close on Oct. 9, 2025. The IPO will only comprise offer for sale of up to 10.18 crore equity shares. The price band for the issue is set at Rs 1,080-1,140 per share.
Through the IPO, the South Korean parent — LG Electronics Inc. — will offload 10.2 crore shares.
Morgan Stanley India Co., JPMorgan India Pvt., Axis Capital Ltd., BofA Securities India Ltd. and Citigroup Global Markets India Pvt. are the bankers for the IPO.
The lot size for an application is 13 shares, which means the minimum amount of investment req