LG Electronics India IPO lists 50% higher, becomes most subscribed offering in history

LG Electronics India made a blockbuster debut on the NSE and BSE, listing 50% above its issue price. 

LG Electronics India made a spectacular debut on the domestic stock exchanges today, listing at a 50 per cent premium against the offer price of ₹1,140 in one of the most anticipated market events of the year.

The stock opened at ₹1,710.10 on the NSE and at ₹1715 on the BSE, signaling strong investor confidence and market enthusiasm for the consumer electronics giant.

The bumper listing caps off what has been India’s largest and most heavily subscribed initial public offering (IPO) in history. The ₹11,607 crore IPO issue drew unprecedented demand from all categories of investors, with total subscription of 54.02 times. Institutional investors led the charge, followed by robust participation from high-net-worth individuals and retail investors, underscoring the broad-based faith in the company’s brand, financial strength, and growth potential in India’s expanding consumer durables market.

LG Electronics’ IPO priced in the band of ₹1,080 to ₹1,140 per share with a lot size of 13 shares, was entirely an OFS, with proceeds going to LG Electronics’ South Korean parent

Market analysts had anticipated a strong debut given the global brand recognition of LG, its diversified product portfolio, and its consistent profitability in India.

Given the sharp listing premium, investors are advised to book partial profits to secure gains while retaining the remaining portion for potential long-term appreciation, Shivani Nyati, Head of Wealth at Swastika Investmart Ltd, said. A stop-loss near ₹1,400 is recommended to safeguard against market volatility.

Nyati also highlighted that the company in FY25 reported healthy growth with revenue up by around 14 per cent and profits surging nearly 46 per cent year-on-year, reflecting strong operational efficiency and demand momentum.

Motilal Oswal, Emkay Global and Ambit Institutional Equities have initiated coverage on the stock, with buy ratings, and emphasing strong upside potential.

Brokerages had issued largely positive recommendations ahead of the listing, with most citing LG’s strong fundamentals, dominant market position in key categories like home appliances and consumer electronics, and the company’s growing focus on sustainability and innovation.

At 10.30 am, the stock declined to trade at ₹1,660 on the NSE and at ₹1,663.80 on the BSE.

Published on October 14, 2025