LG Electronics India Limited has achieved great success even before Diwali. On Tuesday, the company’s shares made a strong debut on the Bombay Stock Exchange (BSE), listing at a 5.05% premium at ₹1,715 per share. This proved all earlier market speculations wrong.
The company’s issue price was set at ₹1,140 per share, meaning investors earned a profit of ₹575 per share on listing day.
Following the listing, the stock rose further by 52.31%, reaching ₹1,736.40. On the National Stock Exchange (NSE), shares opened at ₹1,710.10, which was nearly 50% higher than the issue price.
During morning trading, the company’s market valuation touched ₹1,12,380.95 crore. LG Electronics India’s ₹11,607 crore IPO was subscribed 54.02 times by the close of bidding. The IPO was priced between ₹1,080 and ₹1,140 per share.
A Festive Gift for Investors
LG Electronics India has become the second South Korean company to list on the Indian stock market, following Hyundai Motors India Ltd., which listed in October last year.
This listing has turned out to be a festive gift for investors ahead of Diwali.
Founded in 1997, LG Electronics India initially focused on mobile phones and home appliances, but now mainly operates in the consumer electronics sector.
The company’s financial performance has been strong and consistent. Its net profit increased to ₹2,203.35 crore in FY 2025, compared to ₹1,511.07 crore in FY 2024 and ₹1,344.93 crore in FY 2023 — showing a profit growth of around 64% over three years.