LG Electronics IPO - Buy/Hold/Sell on Listing India’s largest-ever mainboard IPO💰₹4.4 lakh crore total bids – historic subscription! Valuation Check • Market Cap at IPO: ₹77k Cr • Valuation at IPO Price (Rs. 1140): P/E ~35x Peer Comparison • Havells trades at 60–70x • Voltas, Blue Star, Whirlpool trade at 40–60x • LG has better margins & return ratios than all of them ➡ Strong brand, consistent growth, and operational excellence So, considering all parameters - LG Electronics should attract Premium Valuations _______ Listing Price View (Based on GMP) • Likely Listing Price: ₹1600–1650 (~40% gain) → At this level, implied P/E crosses 50x - Still leaves room for some upside. Action Plan ⚡Sell on Listing/Post Listing - Price above Rs. 1800-2000 ⚡Hold on Listing - If gains are modest (25–30%) ⚡Fresh Buying - Only below Rs. 1400-1450 range or else wait let price discovery happen post listing.