LG Electronics India made a stellar stock market debut on Tuesday, listing at a premium of 50% to its issue price of 1,140 rupees per share.
This is the best listing for a billion-dollar Indian initial public offering since Eternal, the parent company of food delivery and restaurant-listing platform Zomato, debuted in 2021.
Here's a look at how India's other billion-dollar IPOs have done this decade:
SBI CARDS AND PAYMENT SERVICES (MARCH 2020)
The credit card arm of India's largest lender, State Bank of India, slid about 13% in market debut, as the COVID-19 pandemic worries dampened enthusiasm for one of the country's largest public listings.
ETERNAL, FORMERLY KNOWN AS ZOMATO (JULY 2021)
The food and grocery delivery platform listed at a premium of 51.3% to its issue price, giving th