LG Electronics India soars 50% in debut after marking biggest IPO draw since 2008

Whirlpool of India

14/10/2025 05:15

Oct 14 - LG Electronics India LGEL.NS soared 50% in pre-open debut trade on Tuesday, as the country's most sought-after IPO since 2008 saw frenzied demand, with investors betting on its manufacturing muscle and retail reach.

Stock of the Indian arm of South Korea's LG Electronics 066570.KS opened at 1,710.10 rupees on the National Stock Exchange, compared with its issue price of 1,140 rupees.

 (Reporting by Kashish Tandon and Mridula Kumar; Editing by Janane Venkatraman)

 ((mridula.kumar@thomsonreuters.com))