LG Electronics India’s mega IPO has drawn record-breaking interest, with bids far exceeding expectations. Notably, microcap Winro Commercial placed unusually large bids through leveraging. High subscription rates from institutional and retail investors underline strong demand, while brokerages remain optimistic about LG’s market dominance and growth potential despite premium valuations.
from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/consumer-durables-and-information-technology/consumer-electronics/lg-electronics-ipo-rs-30-crore-m-cap-company-bids-a-whopping-rs-748-crore/124449039
from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/consumer-durables-and-information-technology/consumer-electronics/lg-electronics-ipo-rs-30-crore-m-cap-company-bids-a-whopping-rs-748-crore/124449039