BTCC / BTCC Square / Global Cryptocurrency /
LG Electronics India IPO Set for Blockbuster Debut with 33% Gains Expected

LG Electronics India IPO Set for Blockbuster Debut with 33% Gains Expected

Published:
2025-10-13 09:07:02
19
1
BTCCSquare news:

LG Electronics India's ₹11,607 crore IPO is poised for a strong market debut, with grey market trends and analysts forecasting a 30-33% premium over its issue price of ₹1,140 per share. The offering, entirely an OFS benefiting LG's South Korean parent, saw overwhelming demand—subscriptions reached 54.02 times on the final bidding day, making it India's second-largest IPO.

Anchor investors, including global institutional funds, committed ₹3,475 crore ahead of the listing. At the expected price band of ₹1,480-₹1,516, the stock WOULD trade at 47x FY25 earnings, a premium justified by LG's 46% net profit growth to ₹2,203 crore and debt-free balance sheet. "Valuations remain attractive even at the higher band," noted Abhinav Tiwari of Bonanza.

|Square

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

All articles reposted on this platform are sourced from public networks and are intended solely for the purpose of disseminating industry information. They do not represent any official stance of BTCC. All intellectual property rights belong to their original authors. If you believe any content infringes upon your rights or is suspected of copyright violation, please contact us at [email protected]. We will address the matter promptly and in accordance with applicable laws.BTCC makes no explicit or implied warranties regarding the accuracy, timeliness, or completeness of the republished information and assumes no direct or indirect liability for any consequences arising from reliance on such content. All materials are provided for industry research reference only and shall not be construed as investment, legal, or business advice. BTCC bears no legal responsibility for any actions taken based on the content provided herein.