October 15, 2025

Mumbai witnessed a dazzling debut as LG Electronics India’s shares jumped 50% above the IPO price on Tuesday! Imagine this: the company’s market value zoomed past its Korean parent, LG Electronics Inc. with a huge ₹1,14,223 crore ($12.8 billion) market cap, beating the parent’s $9.3 billion. What a bold move on the Indian stock stage! The consumer durables giant’s shares opened at ₹1,710, well over the offer price of ₹1,140, and though it ended a bit lower at ₹1,682.8, the thrill was undeniable. Vaqarjaved Khan, senior fundamental analyst at Angel One, called the listing gains “better than expected” and noted that the stock trades near a long-term target of ₹1,850. LG India’s financials shine bright too—₹24,367 crore revenue in FY25 versus the Korean giant’s ₹82,500 crore in 2024. Khan also gave a nod to LG's strong earnings and margins compared to rivals like Blue Star and Voltas but cautioned that the valuation comfort is now less after the IPO excitement. Three brokerages—Motilal Oswal, PL Capital, and Emkay—are singing the 'Buy' tune, with target prices ranging from ₹1,780 to ₹2,050, hinting at 6-22% gains ahead. But hold your horses! Aakash Fadia of Yes Securities advises investors who got IPO shares to "consider booking profits" as prices climb, while new investors should watch for dips around second-quarter results, which might see softer primary sales. Khan echoes this advice, suggesting profit booking for current investors and recommending re-entry on a price correction between ₹1,600-1,630 for fresh buyers. So, the LG India IPO saga is just heating up: profit today, buy on a smart dip tomorrow! Stay tuned for more market magic.

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Tags: Lg electronics india, Ipo, Stock market, Listing gains, Share price, Indian bourses,