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LG India IPO lists 50% above issue price, valuation tops $13 billion
LG India’s ₹25,000 crore IPO listed 50% higher at ₹1,715, valuing it above $13 billion and marking India’s biggest consumer electronics listing since 2008.
LG Electronics India debuted on bourses with a 50% listing premium at ₹1,715 vs issue ₹1,140, pushing market capitalization above $13 billion — exceeding its South Korean parent. The ₹25,000 crore IPO saw robust demand across QIBs and retail segments. Analysts cite domestic consumption boom and PLI-linked manufacturing gains as drivers. It is India’s largest consumer electronics listing since 2008. Strong performance is expected to reignite momentum for upcoming consumer IPOs. Source: Reuters / Times of India