LG Electronics Makes Indian Stock Market Debut with Highly Anticipated IPO
LG Electronics, a leading consumer electronics company, is set to make its debut on the Indian stock market today with its Initial Public Offering (IPO). The IPO, which is open for subscription, has garnered significant attention due to its grey market premium (GMP) trend and the involvement of prominent lead managers and registrars. ET NOW DIGITAL reminds investors to consult financial advisors before making investment decisions.
The LG Electronics IPO has Axis Capital Limited, Morgan Stanley India Company Pvt. Ltd., JP Morgan India Pvt. Ltd., BOFA Securities India Ltd., and Citigroup Global Markets India Ltd. as its lead managers. Kfin Technologies Limited is serving as the registrar for the IPO. The IPO has a GMP, indicating strong demand in the grey market.
Investors should note the key dates for the LG Electronics IPO. The subscription period is from [start date] to [end date]. The allotment of shares is expected to take place on [allotment date], and the shares are likely to be listed on the stock exchanges on [listing date].
The LG Electronics IPO, with its prominent lead managers and registrars, and a notable GMP, is expected to be a significant event in the Indian stock market today. Investors are advised to stay updated with the latest business news and consult financial advisors before making investment decisions.
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