NEW DELHI, Oct 7: The initial public offer of LG Electronics India Ltd, the Indian arm of South Korea’s conglomerate LG, got subscribed 24 per cent so far on the first day of bidding on Tuesday. The three-day IPO received bids for 1,74,53,722 shares against 7,13,34,320 shares on offer, according to NSE data till 11:21 hours. The portion meant for non-institutional investors garnered 49 per cent subscription while the category for Retail Individual Investors (RIIs) got subscribed 28 per cent. LG Electronics India Ltd on Monday collected Rs 3,475 crore from anchor investors. The Rs 11,607-crore initial public offering (IPO) will conclude on October 9. The price band has been fixed at Rs 1,080 to Rs 1,140 per share, valuing the company around Rs 77,400 crore at the upper end. Thi

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