LG Electronics IPO Launch: What You Need To Know
EXCITING NEWS FOR IPO INVESTORS!
LG Electronics is launching its IPO in India starting today, and it will stay open until October 9, 2025.
So, If you’re wondering, this is the second South Korean company, after Hyundai India, to offer shares in the Indian market.
LG Electronics India is a top name in home appliances and consumer electronics.
They’ve set their IPO price between ₹1,080 and ₹1,140 per share. The company plans to raise a massive ₹11,607.01 crore, but here’s the catch, it’s an Offer For Sale (OFS), which means existing shareholders are selling their shares, not new shares being created.
The IPO will be listed on both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).
And So, if you’ve been thinking about investing in a leading company in India’s electronics space, this might be your chance! Are you ready to jump in? Let’s Look at teh stats now-
Shares of LG Electronics are currently trading in the grey market. As of today, the IPO Grey Market Premium stands at ₹318, which is ₹68 higher than Monday’s premium of ₹250. Market experts attribute this increase to a possible trend reversal in the Indian stock market, fueling positive sentiment towards the IPO.
Eraly Morning trade on the first day of bidding:
(With Inputs)
Aishwarya is a journalism graduate with over three years of experience thriving in the buzzing corporate media world. She’s got a knack for decoding business news, tracking the twists and turns of the stock market, covering the masala of the entertainment world, and sometimes her stories come with just the right sprinkle of political commentary. She has worked with several organizations, interned at ZEE and gained professional skills at TV9 and News24, And now is learning and writing at NewsX, she’s no stranger to the newsroom hustle. Her storytelling style is fast-paced, creative, and perfectly tailored to connect with both the platform and its audience. Moto: Approaching every story from the reader’s point of view, backing up her insights with solid facts.
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