LG Electronics India made a blockbuster entry into the stock market, outperforming all predictions. The company’s IPO, which received massive investor interest, debuted with a 50% premium over its issue price—far higher than the 40% gain anticipated by the grey market.
LG Electronics India Stock Market Debut Details
On the National Stock Exchange (NSE), LG Electronics India shares opened at ₹1,710.10 per share, marking a 50.01% premium over the IPO price. The ₹11,607 crore public issue had been priced between ₹1,080 and ₹1,140 per share, making the listing performance remarkable.
Similarly, on the Bombay Stock Exchange (BSE), LG Electronics shares were listed at ₹1,715 per share, reflecting a 50.44% premium. Post-listing, the company’s market capitalization stood at an impressive ₹1,16,409.47 crore.
LG Electronics IPO Oversubscribed 54 Times
The LG Electronics IPO saw a subscription of 54.02 times during its issue period from October 7 to 9, indicating strong demand from institutional and retail investors alike. The enthusiastic response was fueled by the company’s strong brand value, leadership in home appliances, and consistent financial performance.
Why Did LG Electronics IPO Perform So Well?
According to Mehta Equities, the LG Electronics India IPO listing exceeded expectations thanks to its dominant market position and value-driven growth story. LG has maintained its No. 1 position across multiple categories in India’s fast-growing home appliances market.
Experts highlighted that the IPO valuation was attractively priced when compared to similar listed peers in the industry. This justified the strong premium at which the shares debuted. Additionally, the anticipated GST 2.0 reforms are expected to further enhance consumer spending and boost demand for durable goods in upcoming quarters.
Expert Recommendations: Hold or Buy LG Electronics Shares?
For Allotted Investors:
Analysts recommend holding LG Electronics India shares for the long term, considering the company’s robust fundamentals, diversified product portfolio, and consistent growth potential. However, they also advised caution due to possible short-term market volatility following the bumper debut.
For Non-Allotted Investors:
Experts suggest a ‘Wait and Watch’ strategy—monitoring the LG Electronics share price movement post-listing and considering accumulation on dips if the stock corrects meaningfully.
Valuation Insights and Market Outlook
As per Narendra Solanki of Anand Rathi, based on annualized FY26 earnings, LG Electronics India is trading at a P/E ratio of 37.6x, with a post-issue market capitalization of around ₹7,73,801 million. These figures indicate that the issue is reasonably priced, given the company’s strong brand reputation and leadership across multiple product segments.
He further added that investors who received share allotments could book partial profits following the premium listing while holding the remainder for long-term gains, considering LG’s strong fundamentals and growth outlook.
Conclusion
The LG Electronics India IPO listing has undoubtedly been one of the most successful debuts of the year. With strong demand, an attractive valuation, and India’s growing appetite for premium home appliances, LG Electronics appears well-positioned for long-term growth in the Indian market.
Disclaimer:
The investment views and opinions expressed above are those of market experts and do not represent the views of episodeupdate.com. Investors are advised to consult certified financial advisors before making any investment decisions related to LG Electronics India shares or the LG IPO.
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