Mumbai: In a spectacular start on the National Stock Exchange (NSE), LG Electronics India made headlines today as its shares surged over 50% on debut. The stock, which opened at ₹1,710.10, jumped sharply from its IPO price of ₹1,140, briefly touching a high of ₹1,714.90, signaling strong investor enthusiasm and confidence in the company’s growth prospects. The listing catapulted the company’s market capitalization to approximately $13.07 billion, surpassing even its South Korean parent, LG Electronics.

The initial public offering (IPO) of LG Electronics India raised a staggering $1.3 billion, making it the largest billion-dollar IPO in India since 2008. The demand for the shares was unprecedented, with bids totaling nearly ₹4.43 trillion (around $49.9 billion). Institutional investors l

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