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LG India IPO opens to strong demand with ₹50B bids
LG India IPO sees blockbuster subscription in early phase.
LG Electronics India’s IPO has attracted bids worth nearly ₹50,000 crore (~$6 billion) in its subscription phase, making it one of the most subscribed issues in recent years. The offering saw demand across institutional, retail, and high net worth investor categories, oversubscribing multiple times over. Market watchers say strong brand recall, favorable tax policy support, and solid consumer traction drove confidence in one of India’s largest appliance names listing.