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LG IPO breaks record, booked 54 times; gets bids worth ₹4.43 lakh cr
October 10, 2025
|The New Indian Express Kannur
LG Electronics India has recorded one of the highest subscriptions ever for a large Indian IPO (₹10,000 crore and above), with its initial share sale oversubscribed 54 times.
Bids were placed for 385 crore shares compared to the 7.13 crore shares on offer. The IPO set a new record by attracting bids worth ₹4.43 lakh crore at the top end of its price band of ₹1,080 to ₹1,140 per share. These subscription figures surpassed the ₹3.2 lakh crore bids received by Bajaj Housing Finance in 2024. With a subscription rate of 54 times, this IPO is the most subscribed large Indian offering since Reliance Power's IPO in 2008, which was subscribed over 70 times for ₹10,123 crore.
هذه القصة من طبعة October 10, 2025 من The New Indian Express Kannur.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
هل أنت مشترك بالفعل؟ تسجيل الدخول
المزيد من القصص من The New Indian Express Kannur
The New Indian Express Kannur
Literature Nobel for master of the ‘long form’
LASZLO Krasznahorkai, a Hungarian novelist known for protracted sentences — some of which run into hundreds of pages — and whom a fellow writer termed \"master of the apocalypse\", was awarded the Nobel Prize for literature on Thursday.
1 min
October 10, 2025
The New Indian Express Kannur
NTA may allot exam centres based on Aadhaar to curb malpractices
FROM the coming academic year, candidates aspiring to take up the competitive exams conducted by the National Testing Agency are likely to be allotted centres based on the Address in their Aadhaar card.
1 mins
October 10, 2025
The New Indian Express Kannur
MP points finger at TN over syrup factory licence renewal
COUGH SYRUP DEATHS
1 mins
October 10, 2025
The New Indian Express Kannur
A HIMALAYAN LEAP BEYOND 3 Ts
NDUSTRIALIST Harsh Goenka posted on social media that, as a patriot, he was utterly confused.
3 mins
October 10, 2025
The New Indian Express Kannur
RCPL relaunches Velvette brand in Chennai
RELIANCE Consumer Products Limited (RCPL), FMCG arm of Reliance Industries Limited, on Thursday launched Tamil Nadu's iconic personal-care brand Velvette, in collaboration with the CK Rajkumar family.
1 min
October 10, 2025
The New Indian Express Kannur
Pushed out by tigers, leopards stray into human dwellings in U’khand
A growing tiger population in Uttarakhand is creating tension in the forests, not just among humans but also among wildlife.
1 mins
October 10, 2025
The New Indian Express Kannur
Sex edu must be from young age, not from Class IX: SC
SEX education should be provided to children from a younger age, not from Class IX onwards, the Supreme Court held.
1 min
October 10, 2025
The New Indian Express Kannur
30 Japanese cos to invest in Guj to support 4 chip plants
THE four upcoming semiconductor projects in Gujarat are already attracting investments from ancillary and component manufacturers to support the sector in the state, Minister for Electronics and IT (MeitY), Ashwini Vaishnaw, said here on Thursday.
1 min
October 10, 2025
The New Indian Express Kannur
'Global stability pillar': £350 mn missile deal part of deepening ties with the UK
INDIA and the UK on Thursday cemented a new phase in their evolving relationship, unveiling a wide-ranging set of agreements across trade, defence, education and technology, as prime ministers Narendra Modi and Keir Starmer expressed a strong commitment to build on the momentum of the Comprehensive Economic and Trade Agreement (CETA) signed in July and highlighted a deepening strategic alignment amid shifting global power dynamics.
1 min
October 10, 2025
The New Indian Express Kannur
A NOBEL WIN INDIA MUST TAKE NOTE OF
HE 2025 Nobel Prize in physiology or medicine could not have come ata more relevant time for India.
1 mins
October 10, 2025
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