LG Electronics India made a stunning entry into the Indian stock market, with its shares listing at a 50 percent premium over the issue price on both the NSE and BSE. On its first trading day, the stock opened strong and closed at 1,682.8 rupees per share on the NSE, marking a 48 percent gain from the IPO price.
A Strong Start Beyond Market Expectations
The IPO, worth over 11,600 crore rupees, was one of the most anticipated listings of the year. The issue was subscribed more than 54 times between October 7 and 9, signaling strong investor confidence. While grey market predictions had suggested around 40 percent listing gains, the final figures far exceeded expectations.
Shares debuted at 1,710.10 rupees on the NSE and 1,715 rupees on the BSE, compared to the IPO price range of 1,080 to 1,140 rupees per share. On debut, the company’s market capitalization reached a staggering 1.14 lakh crore rupees, cementing LG Electronics India’s position as one of the most valuable listed consumer electronics firms in the country.
Analysts Weigh In
Market experts believe that LG Electronics India’s success reflects its strong fundamentals and dominance across multiple product categories in India’s home appliances sector. Mehta Equities noted that the company’s leadership position, attractive pricing, and diversified product portfolio justified its strong market entry.
“LG Electronics India remains a compelling long-term structural story, acting as a proxy for India’s fast-growing consumer durables market. The valuation was attractively priced relative to peers, and near-term growth visibility remains strong,” Mehta Equities said.
Analysts from Anand Rathi added that investors who were allotted shares could consider booking partial profits while holding the rest for the long term, given LG’s brand legacy and scale. They further noted that the company’s price-to-earnings ratio, based on projected FY26 earnings, stands at 37.6 times—reasonable given its market dominance and manufacturing capacity.
What Should Investors Do Next
Experts suggest that long-term investors should hold their positions, as LG Electronics India continues to benefit from strong brand trust, a vast distribution network, and increasing demand for premium appliances. For those who missed the allotment, analysts recommend a wait-and-watch strategy, looking for meaningful corrections before entering.
The Road Ahead
With India’s growing middle class, rising disposable incomes, and the upcoming GST 2.0 reforms expected to boost consumption, LG Electronics India stands poised to expand its footprint even further. The company’s strong debut signals investor faith not just in the brand but in India’s broader consumer market growth story.
Follow You Finance on Instagram and Facebook for more updates on stock market debuts, IPO insights, and the latest business news shaping India’s financial landscape.
