LG Electronics India Shares Skyrocket 50% on Stock Market Debut

LG Electronics India’s IPO debut turned out to be a showstopper at Dalal Street. The shares opened at Rs.1,710.10 per share on NSE, a whopping 50% above the IPO price band of Rs.1,080–Rs.1,140. The company’s Rs.11,607 crore IPO saw strong investor enthusiasm with 54.02 times subscription during October 7–9, signaling massive demand.

Also Read: Tata Capital IPO Lists at 1.2% Premium — Should You Hold or Buy More?

Strong Market Debut

On the Bombay Stock Exchange (BSE), the shares listed at Rs.1,715, marking a 50.44% premium. Post-listing, LG’s market capitalization stood at Rs.1,16,409 crore, highlighting investor confidence in the brand’s leadership and strong fundamentals.

Better Than Grey Market Expectations

The listing exceeded grey market predictions, which had projected a 40% premium. This impressive debut has reinforced LG’s dominance in India’s consumer electronics and home appliances sector, proving the company’s ability to deliver both growth and stability.

Analysts’ View on LG Stock

Market experts remain bullish on LG Electronics India’s long-term prospects. According to Mehta Equities, the company acts as a proxy for India’s fast-growing home appliances market, where it enjoys a No. 1 position in multiple categories.
They also note that GST 2.0 reforms could boost consumer affordability, fueling further volume growth in the coming quarters.

Investment Strategy

For those wondering whether to buy, sell, or hold, analysts have clear suggestions:

Allotted Investors: Hold for the long term. LG’s diversified portfolio, strong brand equity, and consistent performance make it a solid long-term bet, though short-term volatility may persist.

Non-Allotted Investors: Adopt a ‘Wait and Watch’ approach. Monitor post-listing trends and consider accumulating if prices correct meaningfully.

Also Read: After LG and Tata Capital's IPOs, another company makes a big entry today.