New Delhi, Oct. 15 -- LG Electronics India Ltd's largest listing gain among major public floats since 2019 underscores a vital truth: attractive pricing and strategic campaigning are essential for companies seeking to raise capital in the world's fourth-largest market for initial public offerings by volume.

The Indian unit of the Korean appliances maker debuted on Tuesday at a 50% premium to its issue price on the NSE as investors who did not get allotment during the Rs.11,607 crore IPO rushed to lap up shares. The stock closed at Rs.1689.9, 48% above its offer price of Rs.1,140, and close to its debut price of Rs.1,710.1-a rare feat for a large IPO raising more than Rs.10,000 crore.

"The blockbuster listing underscores the depth and ma...