LG Electronics Shares Debut with 50% Premium on Stock Exchanges

LG Electronics shares made a spectacular entry into the Indian stock market, reflecting the massive interest in its IPO. On the BSE, the stock listed at ₹1,715, marking a premium of ₹575 or 50.44% over the issue price of ₹1,140. Similarly, on the NSE, the share debuted at ₹1,710.10, a premium of 50.01%.

The impressive listing mirrors the overwhelming demand for LG Electronics’ IPO, which turned out to be one of the most subscribed public issues in the country. Investors responded enthusiastically, showing strong confidence in the company’s market presence and growth potential.

Market Performance

• BSE Listing Price: ₹1,715 (50.44% premium)
• NSE Listing Price: ₹1,710.10 (50.01% premium)
• IPO Price Band: ₹1,080 – ₹1,140
• IPO Size: ₹11,607 crore

This exceptional debut reflects a strong appetite from investors across segments, including retail, institutional, and non-institutional buyers.

IPO Subscription Highlights

The IPO drew a record-breaking response:

• Total bids received: 3.85 billion shares, translating to 54.02 times subscription.
• Qualified Institutional Buyers (QIBs): 166.51 times subscribed.
• Non-Institutional Investors: 22.44 times subscribed.
• Retail Individual Investors (RIIs): 3.54 times subscribed.

Such demand underscores the confidence in LG Electronics’ positioning in the consumer electronics and home appliance markets.

Company Overview

LG Electronics India operates as a leading player in home appliances and consumer electronics. The company serves both B2C and B2B customers in India and overseas. Its offerings include installation, repair, and maintenance services, adding value beyond product sales.

TThe IPO consisted fully of shares offered for sale by the existing promoter, with no fresh capital raised by the company. This listing makes LG Electronics the second South Korean company to list on the Indian stock market, following Hyundai’s record-breaking IPO last year.

Key Takeaways

• LG Electronics IPO emerges as one of the most subscribed in India.
• Share price debuts with a significant premium of around 50% on both BSE and NSE.
• Strong investor response across QIBs, NIIs, and retail segments indicates market confidence.
• The company strengthens its presence in India’s consumer electronics and home appliance sectors.

The debut sets the tone for a dynamic trading journey for LG Electronics, highlighting investor enthusiasm and confidence in the company’s future prospects.