LG Electronics India made a spectacular debut on the domestic stock exchanges today, listing at a 50 per cent premium against the offer price of ₹1,140 in one of the most anticipated market events of the year.
The stock opened at ₹1,710.10 on the NSE and at ₹1715 on the BSE, signaling strong investor confidence and market enthusiasm for the consumer electronics giant.
The bumper listing caps off what has been India’s largest and most heavily subscribed initial public offering (IPO) in history. The ₹11,607 crore IPO issue drew unprecedented demand from all categories of investors, with total subscription of 54.02 times. Institutional investors led the charge, followed by robust participation from high-net-worth individuals and retail investors, underscoring the broad-based faith in the