
LG Electronics India shares surge on market debut after bumper IPO
LG Electronics India is seeking a valuation of up to 774 billion rupees ($8.71 billion) in its long-delayed initial public offering, tapping into a bustling IPO market with one of India’s largest offerings so far this year. Nurphoto | Nurphoto | Getty Images LG Electronics India’s market cap surpassed that of its parent company after the subsidiary’s shares…