Kolkata: The Rs 11,607.01-crore IPO of Korean giant LG Electronics has been a stupendous success with investors lapping up the issue 54.02 times overall. The issue was subscribed 3.55 times in the retail category, 166.51 times in QIB (Ex Anchor) category and 22.44 times in the NII category. The allotment of shares is als complete. The listing date is tomorrow, October 14. A huge number of successful subscribers as well as general applicants who did not get the shares, those who did not apply at all and market analysts are waiting for the listing price.
LG Electronics GMP
The only indication, though only an approximate indication at best, is available from the Grey Market Premium or GMP. The GMP of LG Electronics stood at Rs 370 on Monday, October 13 according to investorgain. At that le