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The initial public offering (IPO) of LG Electronics India has entered its third and final day of bidding, drawing strong interest from both institutional and retail investors. The issue, which opened for subscription on October 7, 2025, saw bids more than thrice the shares on offer by early afternoon on Tuesday.
The IPO, valued at Rs 11,607 crore, is entirely an offer-for-sale (OFS) by its South Korea-based parent, LG Electronics Inc., allowing the global major to partially divest its Indian stake without issuing any new equity.
Strong Investor Response on Final Day
As of Thursday morning, the LG Electronics IPO has been subscribed 3.7 times overall, with the retail category oversubscribed nearly 5 times and qualified institut