Hunger for tech startups helps Japan's Line price IPO at top of range

* Sets price of 3,300 yen/share vs 2,900-3,300 yen range

* Interest strong from investors eyeing tech startups

* Messaging app firm will raise up to 132.8 bln yen

* IPO pricing values firm at around $6.9 bln (Recasts, adds trader's comments, context)

By Thomas Wilson and Chris Gallagher

TOKYO, July 11 (Reuters) - Japan's Line Corp has priced its IPO at the top of its marketed range, putting the messaging app firm on course to raise up to $1.3 billion and reflecting demand from investors keen on a rare opportunity to invest in a high-profile tech startup.

Line's initial public offering (IPO), the world's biggest for a technology firm this year, offers access to a growth area of tech invariably monopolised by private equity. It also comes as political and economic uncertainty following Britain's vote to exit the European Union pushes money toward relative stability in Asia.

"There's interest on both sides of the Pacific. The tech sector is a hot space at the moment, as there's a lot of private equity stuff that people can't get access to," said Gavin Parry, managing director at Parry International Trading in Hong Kong.

"The Line listing has given access to a sector that's tightly held and perceived as high growth, even if the fundamental economics often don't scratch up."

Private tech firms such as Uber Technologies Inc have attracted high-profile investment in recent months, but many investors keen to buy into the sector have often been frustrated by limited access.

That has made Line's listing a tempting prospect, even though the firm has offered little detail on how it can branch out of Japan and Southeast Asia into markets such as the United States.

Other tech startups also seeking funds publicly include e-commerce services provider Infibeam Incorporation Ltd and antivirus software seller Quick Heal Technologies Ltd. The Indian pair raised a combined $134 million via IPOs earlier this year.

ESCAPING BREXIT

Line, owned by South Korea's Naver Corp, set the price for its dual Tokyo-New York listing at 3,300 yen a share, compared with its indicative range of 2,900 yen to 3,300 yen, a filing with Japan's finance ministry showed.

That price values the company at 693 billion yen ($6.9 billion).

Line bumped up its initial price range last week due to buoyant demand, some from foreign investors seeking assets in Asia with less exposure to fallout from the so-called Brexit, Parry said.

The IPO, Japan's biggest since the partial privatisation of Japan Post last year, has also caught the eye of the country's legions of individual investors.