The much-awaited initial public offering (IPO) of LG Electronics India Ltd is drawing to a close on Thursday, and investors are eager to know if they should jump in.
With the IPO already seeing 4.17 times subscription in early trading, there’s excitement, curiosity, and a hint of urgency.
According to NSE data at 10:40 am, the issue received bids for 29.76 crore shares against 7.13 crore shares on offer.
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Among investor categories, non-institutional investors showed the strongest interest with 10.82 times subscription, while Qualified Institutional Buyers (QIBs) subscribed 2.6 times, and Retail Individual Investors (RIIs), 2.22 times.
Read More: LG Electronics India IPO: Should you apply? Anil Singhvi explains in 5 points
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