New Delhi, October 14 (Daily Kiran): LG Electronics India made a powerful debut on the stock market today, delivering strong listing gains to its IPO investors. The company’s shares opened significantly higher than the issue price, marking one of the most successful listings in recent years.
Shares of LG Electronics India were issued at ₹1,140 per share. On Monday, the stock listed at ₹1,715 on the BSE and ₹1,710.10 on the NSE — giving investors nearly 50% listing gains right at the opening. However, some volatility followed. By 10:15 a.m., the stock was trading at ₹1,660 on the BSE and ₹1,653.50 on the NSE.
The company’s ₹11,607.01 crore IPO, open for subscription between October 7 and 9, saw an overwhelming response from investors. It was subscribed 54.02 times overall, with the Qualified Institutional Buyers (QIB) portion subscribed 166.51 times, the Non-Institutional Investors (NII) portion 22.44 times, the Retail Investors category 3.55 times, and the Employees’ quota 7.62 times. The IPO offered 10,18,15,859 shares of ₹10 face value through the Offer for Sale (OFS) route.
According to the company’s prospectus, LG Electronics India has shown steady financial growth. Its net profit rose from ₹1,344.93 crore in FY 2022–23 to ₹1,511.07 crore in FY 2023–24, and further jumped to ₹2,203.35 crore in FY 2024–25. The company’s total revenue grew at a compound annual growth rate (CAGR) of over 10%, reaching ₹24,630.63 crore.
For the current fiscal year 2025–26, LG Electronics India reported a net profit of ₹513.26 crore and total income of ₹6,337.36 crore in the first quarter (April–June 2025).
The company’s reserves and surplus stood at ₹4,243.12 crore at the end of FY 2022–23, declined to ₹3,659.12 crore in FY 2023–24, but surged again to ₹5,291.40 crore by FY 2024–25. As of June 2025, reserves further strengthened to ₹5,805.50 crore, reflecting a healthy balance sheet.
My name is Bhupendra Singh Chundawat. I am an experienced content writer with several years of expertise in the field. Currently, I contribute to Daily Kiran, creating engaging and informative content across a variety of categories including technology, health, travel, education, and automobiles. My goal is to deliver accurate, insightful, and captivating information through my words to help readers stay informed and empowered.
