LG Electronics India’s initial public offering (IPO) made a remarkable debut on October 14, 2025, listing at ₹1,710.10 on the National Stock Exchange (NSE) and ₹1,689.90 on the Bombay Stock Exchange (BSE). This performance marked a 50% premium over its issue price of ₹1,140 per share.
📈 Subscription & Demand
The IPO, which opened from October 7 to 9, garnered an overwhelming response, with the issue being subscribed 54.02 times. The strong demand was particularly evident among institutional investors, reflecting confidence in the company’s prospects.
💰 Grey Market Premium (GMP)
Ahead of the listing, LG Electronics India’s shares were trading at a grey market premium (GMP) of ₹395 per share, indicating a potential listing gain of approximately 34.65%. This was corroborated by Investorgain, while IPO Watch reported a GMP of 32%.
📊 Financial Highlights
For the fiscal year ending March 2025, LG Electronics India reported:
- Revenue from Operations: ₹24,156.65 crore
- Profit After Tax (PAT): ₹2,203.35 crore
- Earnings Per Share (EPS): ₹32.46
These figures underscore the company’s robust financial health and operational efficiency.
🔮 Analyst Recommendations
Post-listing, several brokerage firms have initiated coverage on LG Electronics India:
- Emkay Global Financial Services: Initiated with a “Buy” rating and a target price of ₹2,050.
- Prabhudas Lilladher: Set a target price of ₹1,780, recommending a “Buy” stance.
These positive outlooks are based on the company’s strong market position and growth prospects in the consumer electronics sector.
📝 Conclusion
LG Electronics India’s IPO has not only delivered substantial returns to its investors but also set a new benchmark for IPO performances in India. With strong institutional backing, impressive financials, and favorable analyst views, the company is poised for continued success in the Indian market.
