LG India IPO lists 50% above issue, overshadows Korean parent
LG India IPO lists ~50% higher, becoming a landmark offering in India.
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5h agoLG India IPO lists 50% above issue, overshadows Korean parent
LG Electronics India made a blockbuster debut on the NSE and BSE, jumping ~50% above its ₹1,140 issue price to ~₹1,714. The IPO raised $1.3 billion and drew unprecedented investor interest, with bids worth ~₹4.43 trillion. The listing outvalued its South Korean parent, which trades at a lower market cap. Analysts say this signals robust investor appetite for large IPOs and strong confidence in India’s consumer electronics growth trajectory.
positive
5h agoLG India IPO lists 50% above issue, overshadows Korean parent
LG Electronics India made a blockbuster debut on the NSE and BSE, jumping ~50% above its ₹1,140 issue price to ~₹1,714. The IPO raised $1.3 billion and drew unprecedented investor interest, with bids worth ~₹4.43 trillion. The listing outvalued its South Korean parent, which trades at a lower market cap. Analysts say this signals robust investor appetite for large IPOs and strong confidence in India’s consumer electronics growth trajectory.
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LG India IPO lists 50% above issue, overshadows Korean parent
about 6 hours ago
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LG India IPO lists ~50% higher, becoming a landmark offering in India.
LG Electronics India made a blockbuster debut on the NSE and BSE, jumping ~50% above its ₹1,140 issue price to ~₹1,714. The IPO raised $1.3 billion and drew unprecedented investor interest, with bids worth ~₹4.43 trillion. The listing outvalued its South Korean parent, which trades at a lower market cap. Analysts say this signals robust investor appetite for large IPOs and strong confidence in India’s consumer electronics growth trajectory.
LG Electronics India made a blockbuster debut on the NSE and BSE, jumping ~50% above its ₹1,140 issue price to ~₹1,714. The IPO raised $1.3 billion and drew unprecedented investor interest, with bids worth ~₹4.43 trillion. The listing outvalued its South Korean parent, which trades at a lower market cap. Analysts say this signals robust investor appetite for large IPOs and strong confidence in India’s consumer electronics growth trajectory.
Companies:
LG Electronics India
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ipo
stocks
ipo
stocks
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India
consumer electronics
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