LG Electronics Listing: LG Electronics India Limited has become silver even before Diwali. On Tuesday, the company’s shares made a great listing on BSE at a premium of 5.05 percent and made a strong entry at the level of Rs 1,715. That is, all the speculations that were made regarding this stock proved wrong. The issue price of the company was fixed at Rs 1,140 per share, which means investors made a profit of Rs 575 per share.
The explosive entry of LG Electronics India
After listing, the stock saw further rise and it climbed 52.31 percent to Rs 1,736.40. At the same time, LG’s shares opened at Rs 1,710.10 on NSE, which was about 50 percent more than the issue price.
The market valuation of the company reached Rs 1,12,380.95 crore in morning trade. The initial public offering (IPO) of LG Electronics India Limited was subscribed 54.02 times till the last day of bidding on Thursday. The price range of the company’s Rs 11,607 crore IPO was fixed at Rs 1,080 to Rs 1,140 per share.
Investors’ bat-bat
It is worth noting here that after Hyundai Motors India Limited got listed in October last year, LG Electronics India Limited has become the second South Korean company to enter the Indian stock market. This listing has proved to be no less than a festive gift for investors.
LG Electronics India was established in the year 1997. This company was initially active in the field of mobile phones and home appliances, but now its focus is mainly on the consumer electronics segment.
The net profit of the company is continuously increasing. LG Electronics India’s net profit reached Rs 2,203.35 crore in FY 2025, while it was Rs 1,511.07 crore in 2024 and Rs 1,344.93 crore in 2023. This shows that the company has consistently shown strong financial performance over the last three years and has recorded a growth of approximately 64% in its profits.
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