LG Electronics India IPO GMP rose on the final day of bidding as the subscription of the Rs 11,607-crore share sale surpassed 6 times so far.
The three-day IPO received bids for 44.92-crore shares against 7.13-crore shares on offer, translating into 6.30 times subscription, according to NSE data till 12:50 p.m.
The portion meant for non-institutional investors garnered 16.10 times subscription, while the category for retail individual investors (RIIs) subscribed 2.74 times. The quota for qualified institutional buyers (QIBs) received 5.17 times subscription.
Earlier, it collected Rs 3,475 crore from anchor investors.
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LG Electronics IPO GMP Today Price
According to platforms tracking the grey market activities, the shares of LG Electronics India are commanding a GM