LG Electronics India Share Price Soars After Blockbuster IPO
Shares of LG Electronics India Ltd. soared after its stock market debut on Tuesday following an IPO that drew record bids. The scrip opened at Rs 1,710.10 on the National Stock Exchange and Rs 1,715 on the Bombay Stock Exchange, compared to the issue price of Rs 1,140. The listing price marked a premium of 50%.
Record Bids and Grey Market Premium
The unlisted shares of LG Electronics witnessed strong demand in the private market as the Grey Market Premium (GMP) jumped ahead of listing. The IPO was one of the biggest issues of 2025 and created history by becoming the first IPO in India to cross the Rs 4 lakh crore mark in total subscription value.
The Rs 11,607 crore IPO was a complete Offer-for-Sale by the Korean parent, LG Electronics Inc. No fresh capital was raised for LG India’s operations; thus, the proceeds from the IPO went entirely to the selling shareholder.
IPO Subscription and Allotment
The three-day public issue received bids for 385 crore shares against 7.13 crore shares on offer, resulting in an overall subscription of 54.02 times. The allotment status for the IPO was finalised on Friday, and refunds and credit of shares were also completed by Monday night.
Brokerage Views and Target Price
Multiple brokerages including Nomura, Motilal Oswal and Ambit have initiated coverage on LG Electronics India Ltd. with a ‘Buy’ rating and a target price of Rs 1,800, implying a 58% upside from its IPO price of Rs 1,140. The brokerages see LGI as a strong play on India’s mass premiumisation trend, export potential, and B2B expansion.
“India’s demographics provide structural growth visibility for large appliances,” Nomura stated in its note, highlighting the low penetration levels of white goods such as air conditioners (12%), washing machines (22%), and refrigerators (35%) compared to global standards.
Investment Opportunities in the Indian Market
For investors looking to capitalize on the growth potential of the Indian market, investing in stocks can be a viable option. However, it is essential to conduct thorough research and stock market analysis before making any investment decisions.
Furthermore, investors can also consider diversifying their investment portfolio to minimize risk and maximize returns. This can be achieved by investing in a range of assets, including equity mutual funds, debt mutual funds, and real estate investment.
Conclusion
In conclusion, the successful IPO of LG Electronics India Ltd. is a testament to the growing demand for Indian stocks. As the Indian market continues to grow and evolve, it is essential for investors to stay informed and adapt to the changing landscape. By conducting thorough research and analysis, investors can make informed decisions and capitalize on the growth potential of the Indian market.
