Categories: Business & Economy

LG Electronics India increases 3,474 ₹ ₹ from anchoring investors before opening the IPO

LG Electronics India Ltd. Raised 3,474 ₹ ₹ from several anchor investors before its initial public number of 11,607 sterling books (IPO), which opens the subscription today, on October 7.

The company’s board of directors approved the issue of 3.04 share of share to eligible anchor investors, at the upper end of the IPO price strip, which is 1,140 ₹ per share.

The SBI Large and Midcap Fund received 4.6%of the total anchor allowance, thanks to an investment of 160 crosses, while the Singapore government received an allowance of 3.4%, following Inq Holdings (3.9%). ABU Dhabi Investment Authority has also received a 3% allowance thanks to an investment of just over 100 crores.

Investors % Of the anchoring book
SBI Large Fund & Midcap 4.6
Inq Holdings 3.9
Singapore government 3.4
Global government’s retirement fund 3
SBI LIFE, HDFC LIFE, ICICI PRU Life, Goldman Sachs 2.9
Blackrock Global Funds, India Fund 2.8
Abu Dhabi Investment Authority 3

A shares of 3.04 crore allocated to eligible anchor investors, LG Electronics India had approved the issue of 1.48 share of share, or 48.9% of the total size of the anchoring to 26 domestic mutual funds, which applied a total of 84 diets.

The IPO Electronics India is a complete sales offer (OFS), where the parent company, LG Electronics Inc., will sell participation. Indian unity will not receive any product from the issue.

The problem will end for the subscription on Thursday, October 9. This is now the third largest IPO in India in 2025, after the problem of 15,500 Tata Capital crores, and the IPO of 12,500 HDB Financial HDB Financial Once this year.

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Michael Johnson

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