Mega Rs 11,607-crore LG Electronics IPO bags record Rs 4.4 lakh-crore bids—QIB bids at unprecedented Rs 3.9 lakh-crore
LG Electronics India’s initial public offer (IPO) — to raise Rs 11,607 crore through fresh issuance — conculded on Thursday, October 9. The issue registered an overall subscription of 54 times the equity on offer, according to provisional exchange data, as investors bid heavily across categories. At the end of the three-day book-building process, the IPO received bids for 385.33…
