LG Electronics India Makes Blockbuster Market Debut: Shares Soar 50% Over IPO Price on NSE
LG Electronics India made a stellar market debut on NSE, listing at ₹1,710.10 — a 50% premium over its IPO price. Analysts see strong growth potential and advise investors to hold for the long term.
LG Electronics India shares soar 50% above IPO price in a blockbuster NSE debut, signaling strong investor confidence.
Today, LG Electronics India Ltd had an amazing first day on the National Stock Exchange (NSE) with stock prices starting at ₹1,710.10 which was a 50% higher than the IPO price of ₹1,140. The Indian division of the South Korean multinational electronics company became the second Korean company to enter the Indian stock market, after Hyundai Motor India.
The solid listing is an indication of strong investor confidence, which is attributable to LG’s strong brand presence, large-scale operations, and consistent profitability in the fast-growing consumer durables sector in India.
📈 Brokerages Bullish on LG Electronics India
Leading brokerage Motilal Oswal has assigned a BUY rating on the stock with a target price of ₹1,800, indicating potential upside of around 58%. The firm highlighted LG’s “premiumization of mass products” strategy — balancing high-end innovation with affordability to expand its customer base.
Elara Capital also described the IPO as “attractively priced,” noting that LG trades at nearly 50% discount to industry peers based on FY25 earnings multiples.
🏭 Strong Market Presence and Manufacturing Network
Founded in 1997, LG Electronics India is among the country’s top consumer electronics and home appliance manufacturers. The company dominates key product categories such as televisions, washing machines, refrigerators, air conditioners, microwaves, and water purifiers.
Around 77% of LG’s sales come from offline retail, supported by over 35,000 touchpoints nationwide. Its Noida and Pune manufacturing units produce nearly 85% of its products, enabling cost efficiency and reduced import dependence.
💡 Industry Context and Market Impact
The debut comes amid a record-breaking month for India’s IPO market, with companies expected to raise nearly $5 billion in October alone. Analysts caution that the surge in new listings could momentarily divert capital from broader indices, though LG’s success may boost investor sentiment in the sector.
🛍️ Should Investors Buy, Hold, or Sell?
Analysts suggest long-term investors may hold given LG’s strong fundamentals, brand leadership, and potential for sustained growth in India’s expanding middle-class market. However, those seeking short-term gains might consider partial profit booking after the stellar debut.
