LG Electronics IPO list: LG Electronics India, a subsidiary of LG Electronics Inc., Korea, and a leading global home device player, was a bumper list on Dalal Street today, October 14. Follow the strong response the IPO received during its bid period from October 7 to 9, when it received an offer of 385.36 crore shares against the 7.13 crore shares, which translates a 54 -year subscription rate. In comparison, Tata Capital, the largest £ 15,511, listed with a modest 1.2% profit, while HDB Financial Services, which scored a £ 12,500 crore in June with an edition size. According to Trendlines data, it has also been the biggest listing since 2019 for IPOs with large tickets. In contrast, in the same period last year, Hyundai Motor India, another Korean company with an outreach size of £ 27,870 crore, made a poor market debut, with a 1.3% discount on the issue price. So what helped lg the big issue trend? Analysts attribute his strong debut to several factors, including the robust growth potential of the industry, attractive valuations, the growing home device and consumer electronics in India, and the leadership of the business in the major product categories, supported by strong earnings visibility that makes it stand out from peers. Analysts see that LG Electronics share price rises to £ 2,050 Multiple domestic brokerage firms have given an optimistic prospect of LG Electronics India, which begins the coverage with positive ratings and positive price goals. Emkay Global Financial Services started covering the stock with a ‘buy’ rating and determined a target price of £ 2,050 per share. Similarly, Motilal Oswal started with a ‘buy’ rating and a target price of £ 1,800 per share, citing strong winds in the industry, the company’s leadership position and its export potential. The broker expects the company to trade at higher valuation midfiere, supported by strong yield ratios, higher conversion of cash flow (OCF) by an average of 74% during FY26–28E, a strategic focus on localization expected to gross margins, targeted growth in the high-margin B2B and AMC businesses, and a leadership position on the most important production. expand. Meanwhile, Prabhudas Lilladher has also begun coverage with a ‘buy’ rating and a target price of £ 1.780 per share, pointing out that the company is well positioned to take advantage of growth opportunities in the home appliances and electronic markets for consumers. In addition, Ambit Capital covered the company with a ‘buy’ rating and a target price of £ 1.820 per share. Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or brokerage companies, and not of currency. We advise investors to check with certified experts before making investment decisions.
LG Electronics Share Buck Trend, see the largest list of pop under IPOs over £ 10,000 since 2019
