LG Electronics India Share: Shares of LG Electronics India Ltd made a strong debut on Tuesday listing at a premium of more than 50% over the issue price of Rs 1140 per share. On the BSE the stock opened at Rs 1715 marking a 50.43% jump from the issue price and later climbed further to Rs 1736.40 up 52.31%. On the NSE it began trading at Rs 1710.10 reflecting a 50% listing gain. During morning trade the company’s market capitalization stood at approximately Rs 112380.95 crore. LG Electronics India Share Market Debut The initial public offering of LG Electronics India Ltd received 54.02 times subscription on the final day of bidding on Thursday driven by overwhelming participation from institutional buyers. This is the second South Korean company to tap the Indian stock market following the listing of Hyundai Motors India Ltd in October last year. The IPO was entirely an Offer-For-Sale (OFS) of 10.18 crore shares representing about 15 per cent stake by the South Korea-based parent. LG Electronics India Operations In India LG Electronics India is a leading player in major home appliances and consumer electronics. The companys products are sold to both B2C and B2B customers in India and abroad. It also provides installation repair and maintenance services for all its products. The company manufactures and sells products including washing machines refrigerators LED TV panels inverter air conditioners and microwaves. It has manufacturing units at Noida Uttar Pradesh and Pune Maharashtra.  (With Inputs From PTI)