LG Electronics India IPO opens: Analyst sees robust demand
LG Electronics India's highly anticipated initial public offering (IPO) opened for subscription today, marking it as the second South Korean company, after Hyundai Motor, to seek a listing on Indian bourses. The Rs 11,607 crore IPO opened amid strong grey market interest and anchor investor participation, though experts warn of limited near-term gains due to the offer-for-sale structure.