LG’s Indian arm launched a $1.3 billion IPO, becoming the most subscribed billion-dollar listing in nearly 20 years.
The issue received bids worth ~₹4.43 trillion (~54× subscription).
Demand spanned retail, institutional, and anchor investors.
It ranks among India’s largest IPOs of 2025, trailing only T
ata Capital and HDB Financial.
Anchor allocations (~$392 million) went to major global funds.
Listing is slated for 14 October, pending approvals.
The IPO is seen as a bellwether for primary market sentiment.
Strong listing expectations may drive speculative flows.
The move brings consumer electronics sector into sharper
investor focus.
Oversubscription underscores appetite for large, reputed names.