LG Electronics Share Price Highlights: Stock ends 48% above offer price of ₹1,140

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LG Electronics stock closed at ₹1,689.90 on the NSE and at ₹1,689.40 on the BSE.

LG Electronics debuts with 50% premium, India’s biggest IPO sees stellar listing

LG Electronics India IPO lists 50% higher at ₹1,710 on NSE, ₹1,715 on BSE; ₹11,607 crore IPO sees 54x subscription, driven by strong investor demand.

Sensex ended 297.07 pts or 0.36% lower at 82,029.98, and Nifty 50 declined by 81.85 pts or 0.32% to 25,145.50.

Motilal Oswal noted that LG Electronics India (LGEIL), with its leadership across key product categories, is well-positioned to benefit from the strong industry growth outlook.

LG Electronics stock traded at ₹1,716 on the NSE at 2.08 pm.

On the BSE, the stock rose to ₹1717.75.

Equirus Research on LG Electronics India Ltd

Ø LG Electronics India (LGEIL), India’s leading consumer durables company, holds commanding value shares across key categories – washing machines (33.5%), refrigerators (29.9%), panel TVs (27.5%), inverter ACs (20.6%), and convection microwave ovens (51.4%) as of Jun’25.

Ø Over the years, LGEIL’s tech-led innovation, premium brand positioning, robust in-house manufacturing capabilities, strong global parentage, and extensive distribution network have enabled the company to sustain its pricing power and deliver industry-leading margins. While some may argue that LGEIL has lost market share in recent years, we view this as a deliberate strategic decision to vacate the mass segment, allowing it to strengthen and maintain leadership within the premium category. Going ahead, while we are modelling revenue / EBITDA / PAT / CAGR - 11% / 13% / 9% respectively. We believe brands such as LGEIL trading at 35x on FY25A remains an extremely attractive entry point.

Ø Initiate coverage with LONG and a Dec’26 TP of Rs 1,705 at 40x on fwd. EPS of 4

LG Electronics stock traded with 47.5% listing gains on the NSE at ₹1,688 at 12.32 pm.

On the BSE, the stock traded 48% higher above the offer price of ₹1,140 at ₹1,687.20.

LG Electronics IPO stocks listed on the Indian stock market at a bumper premium of 50% of the issue price. LG Electronics India IPO share market listing was superior to the grey market expectations, which had anticipated a 40% listing premium, LG Electronics IPO saw a tremendous response, total subscription for the issue was at 54 times the total number of shares offered. Subscription was dominated by the institutional investors, who subscribed for over 165 times the number of shares available. Even the non-institutional part and the retail part had healthy subscription. LG Electronics India is still a strong long-term structural tale, a proxy for India’s rapidly growing, value-driven home appliances space, where the company has a No. 1 position in several segments. Investors who have received allotted the shares may book partial profits at listing at premium and can keep rest for long term. Meanwhile, investors who did not receive shares in the IPO can buy when the price comes down.

- Mater Capital Services

Nearly 492.06 lakh shares were changed hands at 11.19 am, as per NSE.

LG Electronics India made a bumper 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.

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LG Electronics debuts with 50% premium, India’s biggest IPO sees stellar listing

LG Electronics India IPO lists 50% higher at ₹1,710 on NSE, ₹1,715 on BSE; ₹11,607 crore IPO sees 54x subscription, driven by strong investor demand.

Congratulations LG Electronics India Limited on getting listed on NSE today. 

Source: X/@NSEIndia

(Source: X/@NSEIndia)

LG Electronics stock listed at 50% premium on the NSE at Rs 1,710.10 against the IPO price of Rs 1,140.

On the BSE, the stock listed at Rs 1,715.

(Source: X/@NSEIndia)

Domestic brokerages Motilal Oswal Financial and Emkay Global, have initiated coverage on LG Electronics, with strong Buy rating, Motilal Oswal said India’s home appliances and consumer electronics market (excluding mobile phones) is estimated to post a CAGR of about 14 per cent over CY24-29. 

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Market watchers expect the stock to list in the range of ₹1,480-₹1,516, reflecting strong investor appetite and solid fundamentals.

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