India’s $200 Million-an-Hour IPO Boom Shows Rise of Local Investors
Six-and-a-half hours. That’s all it took for LG Electronics India Ltd.’s $1.3 billion initial public offering to be fully sold on Oct. 7, marking the fastest take-up in 17 years...
By Dave Sebastian, Rajesh Mascarenhas, Julia Fioretti · Bloomberg Markets
Six-and-a-half hours. That’s all it took for LG Electronics India Ltd.’s $1.3 billion initial public offering to be fully sold on Oct. 7, marking the fastest take-up in 17 years among major Indian IPOs.