SBI Large and Midcap Fund has received 4.6% of the total anchor allocation, through an investment of ₹160 crore, while the Government of Singapore has received a 3.4% allocation, following INQ Holdings (3.9%). The Abu Dhabi Investment Authority has also been issued a 3% allocation through an investment of just over ₹100 crore.
Investors | % Of Anchor Book |
SBI Large & Midcap Fund | 4.6 |
INQ Holdings | 3.9 |
Government of Singapore | 3.4 |
Government Pension Fund Global | 3 |
SBI Life, HDFC Life, ICICI Pru Life, Goldman Sachs | 2.9 |
BlackRock Global Funds, India Fund | 2.8 |
Abu Dhabi Investment Authority | 3 |
Out of the 3.04 crore shares allocated to eligible anchor investors, LG Electronics India had approved the issue of 1.48 crore shares, or 48.9% of the total anchor size to 26 domestic mutual funds, who applied through a total of 84 schemes.The LG Electronics India IPO is a complete Offer For Sale (OFS), where the parent company, LG Electronics Inc. will be selling stake. The India unit will not be receiving any proceeds from the issue.
The issue will close for subscription on Thursday, October 9. This is now the third largest IPO of India in 2025, following Tata Capital’s now open ₹15,500 crore issue, and HDB Financial’s ₹12,500 crore IPO earlier this year.