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LG Electronics India Ltd made it a solid debut on the BSE and NSE today after a strong IPO. The shares listed at a premium of 50%. The stock opened at 1715.00 on BSE and 1710 on NSE.LG Electronics India’s IPO became the second most heavily subscribed issue ever, oversubscribed 54.02 times, after only Reliance Power’s record-setting 2008 offering among IPOs that raised over Rs 10,000 crore.LG’s grey market premium (GMP), the unofficial price investors pay for shares before listing, stood at Rs 360 on Monday, a 31.6% premium over the IPO price of Rs 1,140, however, this marks a decline from Friday, when the premium was Rs 395.
LG Electronics India: What experts say?
Analysts, cited by ET, say that the stock could draw strong investor interest, with its attractive valuations and solid business prospects, factors that helped make the company’s IPO the most subscribed in 2025, likely to continue driving demand.Prathmesh Masdekar, research analyst at StoxBox said, "The issue was valued cheaper compared to its peers and the company is debt free, while its return ratios are also strong. The indications are listing gains of 30-35%."“If the listing is exceptionally high, there could be profit booking, but if the listing is at around 15-20% then the valuation discount can justify the gains,” Narendra Solanki, head of fundamental research and investment services, Anand Rathi Shares and Stock Brokers told ET.
In FY25, LG Electronics India reported a strong performance, with revenue up 14% year-on-year to Rs 24,631 crore and profit after tax surging 46% to Rs 2,203 crore. The company maintained an EBITDA margin of 12.8% and a PAT margin of 9%, remained debt-free, and demonstrated a strong financial profile with a return on capital employed (ROCE) of 43% and return on equity (ROE) of 37%.(Disclaimer: Recommendations and views on the stock market and other asset classes given by experts are their own. These opinions do not represent the views of The Times of India)
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