LG Electronics India's shares surged 50% on their market debut Tuesday, after the company's initial public offering saw the strongest demand for an Indian IPO since 2008, led by institutional investors. Its shares opened at 1,710 rupees. The IPO was priced at the top end of the 1,080 rupee to 1,140 rupee apiece band, fetching 116 billion rupees ($1.3 billion), and was oversubscribed more than 54 times, attracting bids worth about 4.4 trillion rupees or nearly $50 billion, exchange data revealed