Shares of consumer electronics giant LG Electronics India Ltd are set to debut on the stock exchanges today, October 14. The Rs 11,607.01 crore initial public offering (IPO) attracted strong investor interest during the subscription period. The IPO allotment was finalised on Friday, October 10.

Shares of LG Electronics India listed made a bumper Dalal Street debut on Tuesday, listing at 50% premium over IPO price. The stock opened at Rs 1,715 and Rs 1,710.10 on BSE and NSE, respectively.

LG Electronics India unveils the Essential Series, a new line of home appliances designed for Indian households. The series combines durability, thoughtful design, and performance, including refrigerators,

LG Electronics India's Rs 11,607-crore listing outperformed several of India’s largest public issues in recent years, including Coal India, LIC, Hyundai India, Paytm, and GIC RE.

The South Korean consumer-electronics giant guided for quarterly operating profit to fall 8.4%—a smaller decline than market consensus.