Shares of LG Electronics India are set to make their Dalal Street debut on Tuesday, October 14 as the consumer durables player is likely to deliver a strong listing pop to the investors, considering the rising grey market premium and record-breaking bidding for the issue. If one goes by the latest signals from the unofficial market, LG Electronics is likely to buck the trend of muted listings. Advertisement

Ahead of its listing, the grey market premium (GMP) of LG Electronics has seen a sharp rise in anticipation of a strong listing today. Last heard, the company was commanding a grey market premium of Rs 430 per share in the unofficial market, suggesting a listing pop of 38 per cent for the investors. The GMP stood at Rs 380 when the issue had closed for bidding.

The IPO of LG Electron

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