New Delhi, Oct. 14 -- Mirroring the bumper demand for its initial public offering (IPO), LG Electronics shares' market listing was an equally spectacular show, with the scrip debuting at up to 50% premium on Tuesday, October 14.
LG Electronics share price got listed at Rs.1715 on the BSE, a premium of Rs.575 or 50.44%, as against the issue price of Rs.1140. Meanwhile, on the National Stock Exchange (NSE), LG Electronics' share price debuted at a premium of 50.01% at Rs.1,710.10.
LG Electronics IPO listing today beat expectations, as signaled by its grey market premium (GMP). Ahead of the stock market debut, LG Electronics shares traded at Rs.1562, signaling a listing premium of 37%.
Domestic brokerage Motilal Oswal Financial Services i...
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