LG Electronics India Set for Stock Market Debut Amid Strong Investor Interest

LG Electronics India Ltd is on the cusp of its stock market debut on October 14, following an overwhelming response from investors during its initial public offering (IPO). The IPO, which is the second-biggest in India this year, attracted a subscription of 54.02 times on its final day, underlining strong investor confidence in the company's prospects [1][3].

LG Electronics India reported robust financials for FY25, with revenue of Rs 24,631 crore, reflecting a 14% year-on-year increase, while profit after tax surged by 46% to Rs 2,203 crore. The company maintains a strong position in the market, holding significant shares in washing machines, refrigerators, air conditioners, and microwaves [1].

The IPO's upper price band is set at Rs 1,140 per share, and the grey market premium (GMP) suggests an estimated listing price of around Rs 1,510, potentially yielding a 32.5% gain on listing. This optimistic outlook is supported by analysts who view the valuation as fair compared to peers in the industry [1].

Separately, LG Electronics Inc., the parent company listed on the Korean stock exchange, has experienced fluctuations in its stock price. As of recent updates, the stock showed a short-term rising trend, with predictions of further increases [2].

Overall, the listing of LG Electronics India is anticipated to attract significant market attention, with investors keenly watching the stock's performance as it begins trading on the Indian exchanges [3].

ForResource references, please see below:

# Resource List 1. LG Electronic shares listing date tomorrow, GMP hints at 32% gains... - The Economic Times 2. Lg Electronics Stock Price Forecast. Should You Buy 066570.KS? - StockInvest 3. LG Electronics IPO set for stock market debut tomorrow after... - Hindustan Times