India, Oct. 9 -- The initial public offering of LG Electronics India Ltd. has been subscribed more than 48 times on the final day of bidding so far, with the grey market premium indicating a listing-day pop.

Investors bid for 346.23 crore shares against 7.13 crore shares on offer in the LG India IPO, translating into a subscription of 48.54 times, according to data on the website of the National Stock Exchange of India on Wednesday. The IPO has so far raised 3,94,704.36 crore from 62,10,159 applications.

QIB portion: 147.77 times (300.27 crore shares vs 2.03 crore shares)

NII portion: 22.14 times (33.74 crore shares vs 1.52 crore shares)

Retail portion: 3.39 times (12.05 crore shares vs 3.55 crore shares)

Employees: 7.13 times (15.02...