Intentar ORO - Gratis

Price-conscious investors drive IPO successes this year

Mint Mumbai

|

October 15, 2025

LG Electronics India Ltd's largest listing gain among major public floats since 2019 underscores a vital truth: attractive pricing and strategic campaigning are essential for companies seeking to raise capital in the world’s fourth-largest market for initial public offerings by volume.

- Sneha Shah & Ram Sahgal

The Indian unit of the Korean appliances maker debuted on Tuesday at a 50% premium to its issue price on the NSE as investors who did not get allotment during the ₹11,607 crore IPO rushed to lap up shares. The stock closed at ₹1689.9, 48% above its offer price of ₹1,140, and close to its debut price of ₹1,710.Ia rare feat for a large IPO raising more than ₹10,000 crore.

“The blockbuster listing underscores the depth and maturity of India’s equity market, showing it can absorb large, high-quality issuances at responsible valuations,” said Atul Mehra, MD & CEO, Axis Capital, the lead-left book running manager for the LG issue.

MÁS HISTORIAS DE Mint Mumbai

Mint Mumbai

CAN INDIAN FIRMS RIVAL THE BIG FOUR?

What will it take for India to build its own marquee multi-service delivery firms in areas such as consulting, audit, advisory, compliance, and environmental, social and governance (ESG)?

time to read

3 mins

October 15, 2025

Mint Mumbai

India's AI push gets $15 bn Google boost

Move raises Big Tech's total India AI investment plan to $25 bn

time to read

2 mins

October 15, 2025

Mint Mumbai

Google's AI hub

US-based Google will invest $15 billion over five years to set up an artificial intelligence (AI) hub in Visakhapatnam, Andhra Pradesh, its CEO Sundar Pichai has said.

time to read

1 min

October 15, 2025

Mint Mumbai

Mint Mumbai

Fresh GST tweaks to wait as govt scans reforms' execution

Central and state governments will retain the current framework of the indirect tax system and maintain the existing goods and services (GST) tax rates as they assess the impact of recent reforms on revenue collection growth before introducing further rate revisions or structural changes such as subsuming petroleum products, according to two people aware of internal discussions.

time to read

2 mins

October 15, 2025

Mint Mumbai

Mint Mumbai

Bira's backers discuss fund infusion tied to CEO's exit

Some large institutional stakeholders in B9 Beverages, maker of Bira 91 beer, have started discussions on the removal of founder and chief executive officer (CEO) Ankur Jain citing his inability to run the financially troubled company, four people aware of the development said.

time to read

3 mins

October 15, 2025

Mint Mumbai

Why were sugar exports not so sweet this year?

In January, the central government allowed sugar exports totalling I million tonnes for the 2024-25 season (October-September). However, their shipments fell short of the allotted quota. What went wrong? Mint explains.

time to read

2 mins

October 15, 2025

Mint Mumbai

Mint Mumbai

How Taylor Swift rewrote the business of record sales

For almost a decade, Adele’s 25 has held the record for first-week album sales with nearly 3.5 million. That mark appeared insurmountable until Taylor Swift released The Life of a Showgirl on Oct. 3. The pop star blew past Adele's total in five days, ultimately earning a hair more than 4-million sales.

time to read

4 mins

October 15, 2025

Mint Mumbai

Mint Mumbai

DMart Ready in metros after q-comm trips it in small cities

Avenue Supermarts Ltd, which runs the DMart retail chain, exited its DMart Ready order-and-pickup operations in five cities in the July-September quarter, signalling continuing pressure from quick commerce companies and a pivot towards metro markets with stronger digital demand for groceries.

time to read

2 mins

October 15, 2025

Mint Mumbai

Wholesale inflation dips to 0.13% in Sep on easing food, fuel prices

India’s wholesale inflation eased in September after a sharp rise in the previous month, helped by a decline in food and fuel prices, provisional data from the commerce and industry ministry showed on Tuesday.

time to read

1 mins

October 15, 2025

Mint Mumbai

Mint Mumbai

'Tesla scheme' may continue as India’s EV chase sputters

In June, the Centre notified guidelines for the scheme and opened the investment window

time to read

2 mins

October 15, 2025

Listen

Translate

Share

-
+

Change font size