Key Highlights
- LG Electronics India IPO overall subscribed 54.02 times on the final day of bidding.
- Qualified Institutional Buyers (QIBs) category subscribed 166.51 times.
- Non-Institutional Investors (NIIs) portion received 22.44 times subscription.
- Retail Individual Investors (RIIs) segment subscribed 3.54 times.
- Employee quota witnessed 7.62 times subscription.
The initial public offering (IPO) of LG Electronics India Ltd concluded with overwhelming demand, recording an overall subscription of 54.02 times on the final day, according to data from the BSE.
The Qualified Institutional Buyers (QIBs) segment saw the highest participation, subscribing 166.51 times, with bids received for 3,38,36,21,748 shares against 2,03,21,026 shares reserved. The strong interest was led by foreign and domestic institutional investors as well as mutual funds.
The Non-Institutional Investors (NIIs) category also witnessed strong traction, subscribing 22.44 times, with bids for 34,20,38,045 shares compared to 1,52,40,770 shares on offer. Within this, bids above ₹10 lakh were subscribed 24.68 times, while those between ₹2–10 lakh stood at 17.98 times.
Among retail participants, the Retail Individual Investors (RIIs) portion received a subscription of 3.54 times, with 12,60,61,338 shares bid for against 3,55,61,796 shares offered.
The employee reserved category recorded 7.62 times subscription, showing strong confidence among the company’s workforce.
As per the BSE, the data reflects both UPI and non-UPI bids, with UPI entries showing only those where the mandate was accepted and amount blocked. The final UPI bid data will be updated until 7:00 PM on the last day of the IPO.