LG Electronics India's shares end 48% higher over IPO price
LG Electronics India's shares ended 48% higher over the IPO price on the BSE at ₹1,689.4 on the debut day, giving the company a market capitalisation of ₹1.1 lakh crore. However, the shares closed 1.4% lower than their opening price. LG Electronics' ₹11,607-crore IPO earlier became the first-ever IPO in India to cross the ₹4 lakh crore mark in subscription.