LG India IPO Valuation Tops Parent in Blockbuster Debut
LG India’s IPO outperforms parent, draws record demand.
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23h agoLG India IPO Valuation Tops Parent in Blockbuster Debut
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.
positive
23h agoLG India IPO Valuation Tops Parent in Blockbuster Debut
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.
positive
LG India IPO Valuation Tops Parent in Blockbuster Debut
about 23 hours ago
1 min read
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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.
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.
Companies:
LG Electronics India
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