LG Electronics IPO debuted in the stock market today. There has been a bumper listing of its shares and investors have made huge profits. LG Electronics Shares were listed on BSE and NSE with a premium of 50 percent. The special thing is that its listing was better than expected and at a premium higher than analysts’ estimates. While LG shares were listed on BSE at Rs 1,715, they entered NSE at Rs 1,710. Let us tell you that its original price was Rs 1140 per share.
Listing was better than expected
LG Electronics Before its listing, the grey-market premium was showing at Rs 430, but its listing in the market was much better than expected. LG shares were listed at Rs 1715 on BSE with an increase of Rs 575, which shows a gain of 50.44%. Meanwhile, the share price of LG Electronics was listed on the National Stock Exchange at a premium of 50.01%.
There was a strong response from investors
LG Electronics IPO was opened for subscription on 7th October and bidding was done till 9th October. This amount of Rs 11,607 crore IPO Had received tremendous response from investors. Till the last day of subscription, it was subscribed a total of 54.02 times. The qualified institutional buyers (QIB) category had the highest subscription of 166.51 times. Non-Institutional Investors (NII) category received 22.44 times subscription.
Earn more than ₹7000 on each lot
The price band for shares under IPO was fixed by the company at Rs 1080 to Rs 1140 per share. The lot size of the IPO was 13 shares. That means, according to the upper price band, investors had to invest at least Rs 14820. Now if we calculate the profit according to the listing gain, then at the listing price of Rs 1715 on BSE, investors have made a profit of Rs 7,457 on each lot.
The company’s market cap reached here as soon as it was listed.
Analysts say that there are many reasons behind this promising start of LG Electronics. These include LG’s strong brand equity, large distribution and service network in India’s consumer electronics sector. Apart from this, the low debt profile and margin track record of the company has had a big impact on the sentiment of investors, which has increased their confidence in it. Brokerages are also bullish on the long-term growth prospects of LG Electronics.
Rising income and increasing trend of premium equipment in small cities are supporting this. With the listing, the market cap of LG Electronics crossed Rs 2.8 lakh crore, making it one of the most successful IPOs of 2025.
(Note- stock market Before making any kind of investment, definitely take advice from your market experts.)
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