New Delhi, Oct. 8 -- The initial public offering (IPO) of LG Electronics India, a subsidiary of LG Electronics Inc., Korea, a leading global single-brand home appliance player, continued to witness healthy demand during the second day of bidding.

The LG Electronics India IPO, which remains open until Thursday, October 9, received bids for 23.73 crore shares against the total offer of 7.13 crore shares, resulting in an overall subscription of 3.33 times by the end of Day 2, according to exchange data.

The non-institutional buyers' portion continued to show strong interest, with subscription reaching 7.60 times. The retail portion was also booked 1.91 times, while the employee segment displayed significant enthusiasm, being subscribed 4.1...