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LG IPO breaks record, booked 54 times; gets bids worth ₹4.43 lakh cr
The New Indian Express Villupuram
|October 10, 2025
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.
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The New Indian Express Villupuram
Pushed out by tigers, leopards stray into human dwellings in U’khand
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The New Indian Express Villupuram
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The New Indian Express Villupuram
'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 Villupuram
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 Villupuram
Full freedom to forces against terror in J&K: Shah
UNION Home Minister Amit Shah on Thursday chaired a high-level meeting to assess the security situation in Jammu and Kashmir and reiterated the government’s commitment toa terrorism-free region.
1 mins
October 10, 2025
The New Indian Express Villupuram
Prime accused in Armstrong murder case dies at GH
P Nagendran, a life convict who was named as the prime accused in the murder of former Bahujan Samaj Party (BSP) TN president K Armstrong, died at Government Stanley Hospital in Chennai on Thursday.
1 min
October 10, 2025
The New Indian Express Villupuram
MP points finger at TN over syrup factory licence renewal
COUGH SYRUP DEATHS
1 mins
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The New Indian Express Villupuram
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
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The New Indian Express Villupuram
CM to address panchayats using optical fibre network
TAMIL Nadu’s rural broadband push is set to get a high-profile spotlight next week with Chief Minister MK Stalin scheduled to address thousands of village assemblies through a statewide optical fibre network.
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October 10, 2025
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