LG Electronics India Surges 50% on Stock Market Debut

7 HOURS AGO·UPDATED 7 HOURS AGO

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Above: Koo Kwang-mo, chairman of LG Group, second right, rings a bell during LG Electronics India's listing ceremony at the National Stock Exchange in Mumbai, India, on Oct. 14, 2025. Image copyright: Dhiraj Singh/Bloomberg/Getty Images

The Spin

Narrative A

LG Electronics India's spectacular 50% debut premium proves this IPO is a goldmine for investors. The company crushed expectations with 54 times oversubscription and became the biggest mainboard success story of the year. Multiple brokerages unanimously rate it a buy with targets up to 2,050, citing unbeatable market leadership and rock-solid financials.

IPO Central MINT

Narrative B

LG Electronics India carries massive red flags that should worry investors. The company faces a staggering 4,717 crore in contingent liabilities — nearly 73% of its net worth — from disputed tax cases that could devastate future earnings. The parent company can jack up royalty rates to 5% without shareholder approval, crushing margins at will.

India Today ETCFO.com