LG Electronics India soars 50% in debut after marking biggest IPO draw since 2008
- On October 14, 2025, LG Electronics India Ltd listed at Rs 1,710.10 on NSE and Rs 1,715 on BSE, roughly 50% higher than the issue price.
- The IPO was structured as an offer-for-sale with parent LG Electronics selling 101.8 million shares, priced at the top band fetching 116 billion rupees amid 54.02 times subscription.
- LG India’s balance-sheet strength includes FY25 revenue of ₹29,600 crore, net profit of ₹2,850 crore, ROE at 37%, and a zero-debt balance sheet.
- Allotted investors are now sitting on significant listing gains while brokerages advise holding positions; refunds start 14 October and share credit expected 15 October.
- India's broader IPO activity shows a nine-month tally of 254 deals worth $11.8 billion as Redseer Strategy Consultants projects the electronics market to nearly double from about $75 billion in 2024 to roughly $130 billion to $150 billion by 2029.
36 Articles
36 Articles
‘Namaste…’: LG Electronics India MD Hong Ju Jeon’s Hindi speech wins applause; stock makes record debut with 50% premium
LG Electronics India made a strong debut on the NSE and BSE, with shares surging over 48% against the issue price. Managing Director Hong Ju Jeon's decision to deliver his entire listing speech in Hindi garnered significant attention and applause, going viral on social media. The successful ...
LG Share Listing: LG shares saw a strong listing on the market. Surpassing all expectations, the company's shares listed at a 50% premium.
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