positive
Recently
LG India IPO Valuation Tops Parent in Blockbuster Debut
LG India’s IPO outperforms parent, draws record demand.
LG Electronics India made a striking stock market debut as its shares surged ~53.4%, pushing its valuation to about **$13 billion**—exceeding its South Korean parent. The issue drew nearly **$50 billion** in bids, marking one of India’s most subscribed billion-dollar IPOs. The offering was entirely an offer-for-sale, with no fresh capital raised. Analysts attribute success to strong consumer demand, tax incentives, and IPO market momentum.