Kolkata: The Rs 11,607.01-crore IPO of Korean giant LG Electronics has been a remarkable 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 shares will list today, 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 and therefore, the listing gain.

The response to the IPO was all the more remarkable as the issue consisted entirely of OFS shares, the proceeds of which will not accrue to the company at all but will go to the parent company of the Indian operations in South Korea. The LG Electroni

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