New Delhi, Oct. 7 -- The initial public offering is set to hit the Indian primary market today and will remain open until October 9, 2025. Following the Hyundai India IPO, this will be the second South Korean company to offload its shareholding through the Indian primary market. India's leading home appliances and consumer electronics company has announced the LG Electronics IPO price band for at Rs.1,080 to Rs.1,140 per equity share. The company aims to raise Rs.11,607.01 crore from its public issue, which is entirely an offer for sale (OFS). The public issue is proposed for listing on the BSE and the NSE.

Meanwhile, shares of the company are available in the grey market. According to market observers, the LG Electronics share price is ...