South Korean electronics giant LG Electronics has made a stellar stock market debut with a premium listing on Indian exchanges. On the BSE, the shares opened at ₹1,715, a premium of approximately 50.4% over the issue price of ₹1,140 per share. The stock debuted at ₹1,710.10 on the NSE, representing a 50% premium. Following the listing, the market capitalization of the newly listed LG Electronics India stood at over ₹1.14 lakh crore. The successful listing comes after a massive public issue, which was the largest in 2025 at ₹11,607 crore.
The IPO saw a record-breaking response, attracting bids worth ₹4.39 lakh crore and an overall subscription of 54.02 times. This monumental demand set a new record for the most subscribed IPO in India by value, surpassing the previous record set by Bajaj Housing Finance in 2024. The overwhelming interest was predominantly driven by Qualified Institutional Buyers (QIBs), whose portion was subscribed 166.51 times. The Non-Institutional Investors (NIIs) segment was subscribed 22.44 times, and the retail portion saw a subscription of 3.55 times.
As the IPO was entirely an Offer for Sale (OFS) of 10.18 crore shares, all proceeds will go directly to the parent company, LG Electronics Inc., and no fresh capital will be raised for LG India’s operations. This marks the second time a South Korean company has been listed on Indian stock exchanges, following the listing of Hyundai Motors India Ltd in October 2024.
The strong performance of the IPO is a testament to investor confidence in LG Electronics India’s business model and future growth prospects. The company is a leading player in the home appliances and consumer electronics sectors. Its strategic focus on premium products, robust financials, and extensive distribution network across over 35,000 B2C touchpoints have positioned it for continued success.
The company’s financial performance for FY25 was strong, with revenue rising 14% year-on-year to ₹24,631 crore and profit after tax jumping 46% to ₹2,203 crore. LG Electronics is also a market leader in key product categories like washing machines, refrigerators, and air conditioners. The company’s commitment to increasing the domestic sourcing of raw materials from 54% to 63% over the next four years, along with its plans to build a new manufacturing facility to serve as an export hub, further strengthens its long-term outlook.
