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With 50% listing gain, life's good for LG India

Financial Express Mumbai

|

October 15, 2025

Firm makes dream debut, way above Korean parent's valuation

- NESIL STANEY & VIVEAT SUSAN PINTO

With 50% listing gain, life's good for LG India

IN A DREAM debut, LG Electronics India listed at a stellar 50% premium over its issue price of ₹1,140, notching up a valuation of ₹1.2 lakh crore.

The stock listed on the BSE at ₹1,715 a share. The previous record for the highest listing premium was held by Coal India, whose IPO came way back in 2010.

The debut valued LG India above its South Korean parent’s roughly ₹79,893 crore ($9 billion) market cap. The listing also put the firm way ahead of its local peers such as Whirlpool, Voltas and Havells.

Parent LG had offered 15% of its shareholding in the Indian subsidiary through an offer for sale. India is the second market after South Korea where LG is listed. The proceeds will be repatriated by the parent.

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