Economic conditions & trends

LG Electronics India Surges 50% on Stock Market Debut

Published OCT 14 2025

Story

Above: Koo Kwang-mo, chairman of LG Group, second right, rings a bell during LG Electronics India's listing ceremony at the National Stock Exchange in Mumbai, India, on Oct. 14, 2025. Image credit: Dhiraj Singh/Bloomberg/Getty Images

The Facts

LG Electronics India made its stock market debut on Tuesday, with shares opening at 1,715 rupees ($19.33) on the Bombay Stock Exchange and 1,710.10 rupees on the National Stock Exchange, representing a surge of over 50% from the IPO price of 1,140 rupees per share.
Cnbctv18.Com
Bloomberg.com
Business Standard
The IPO attracted overwhelming investor demand with bids totaling 54 times the shares offered, making it India's most sought-after listing since 2008 and the second-most subscribed IPO above 10,000 crore after Reliance Power.
Free Press Journal
Korea Herald
The 11,607-crore ($1.3 billion) offer was entirely an offer-for-sale by LG Electronics, with the South Korean parent selling 101.8 million shares representing a 15% stake, generating 1.8 trillion won in proceeds for the headquarters.
The Korea Times
The Economic Times
Business Standard
LG Electronics India's market capitalization reached approximately $13.07 billion at debut, surpassing its South Korean parent company's market value of around $9 billion, making it larger than Indian peers like Havells and Voltas.
The Business Times
The Chosun Daily
Reuters
CEO Cho Joo-wan announced a three-pronged vision of Make for India, Make in India and Make India Global, unveiling four new home appliances tailored for Indian consumers to be launched starting November from Noida and Pune plants.
Korea Herald
The Korea Times
At least eight brokerages issued buy ratings with price targets ranging from 1,705 to 2,050 rupees, with analysts citing LG's premium market positioning, strong return ratios and India's role in the company's Global South strategy.
The Business Times
The Economic Times

Sources Split

LEFT

CENTER

RIGHT

ESTAB
CRIT

CENTER

PRO
ESTAB

The Spin

Narrative A

LG Electronics India's spectacular 50% debut premium proves this IPO is a goldmine for investors. The company crushed expectations with 54 times oversubscription and became the biggest mainboard success story of the year. Multiple brokerages unanimously rate it a buy with targets up to 2,050, citing unbeatable market leadership and rock-solid financials.

IPO Central

MINT

Narrative B

LG Electronics India carries massive red flags that should worry investors. The company faces a staggering 4,717 crore in contingent liabilities — nearly 73% of its net worth — from disputed tax cases that could devastate future earnings. The parent company can jack up royalty rates to 5% without shareholder approval, crushing margins at will.

India Today

ETCFO.com