LG Electronics IPO GMP, Subscription Status Online Live Updates: LG Electronics India, one of the most familiar names in home appliances and consumer electronics enters Day 2 of subscription. The IPO opened its subscription window on October 7. The subscription window will remain open until October 9.

LG Electronics IPO will open for subscription from October 7 to 9, with a price band of ₹1,080 to ₹1,140. The firm plans to raise ₹11,607 crore, and its shares may be listed on BSE and NSE on Oct 14.

(Reuters) -LG Electronics India's $1.3 billion IPO was fully subscribed on the first day of bidding on Tuesday, underscoring investor optimism about the country's second-largest appliance maker in an under-penetrated market during a busy IPO season.

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LG Electronics IPO witnesses strong investor demand and oversubscription on Day 2, with a high GMP predicting significant listing gains

The initial public offering of LG Electronics India opened for public bidding today, October 7. The maiden issue of the company has been fully subscribed. The IPO received bids for around 7.45 crore shares,

The Rs 11,607-crore IPO was subscribed 1.04 times on October 7 and the IPO concludes on October 9. The price band has been set at Rs 1,080 to Rs 1,140 per share, valuing the company around Rs 77,400 crore at the upper end.

In the unlisted markets, LG Electronics India shares were trading 26.14% higher with a grey market premium of ₹298 per share, on the second day of its subscription, according to reports. It must be noted that these are only speculative reports and the original listing price may vary from these rates.

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