New Delhi, Oct. 14 -- LG Electronics India, a subsidiary of LG Electronics Inc., Korea, and a leading global single-brand home appliance player, witnessed a bumper listing on Dalal Street today, October 14. Its shares debuted at Rs.1,710 apiece, marking a 50% premium over the issue price of Rs.1,140 per share.

The stellar market debut followed the strong response the IPO received during its bidding period from October 7 to 9, when it garnered bids for 385.36 crore shares against the 7.13 crore shares on offer, translating into a subscription rate of 54 times.

The robust listing also made it the largest mainboard issue of over Rs.10,000 crore to list with a 50% premium so far this year. In comparison, Tata Capital, the biggest IPO by siz...