New Delhi, Oct. 6 -- LG Electronics India Ltd, the Indian arm of South Korea's LG conglomerate, on Monday said that it raised Rs.3,475 crore from anchor investors ahead of its initial public offering (IPO).
The electronics maker allocated a total 30,481,539 equity shares to 149 funds to the anchor investors at an allocation price of Rs.1,140 per share, the company informed BSE in an exchange filing.
The Singapore government, Goldman Sachs, Fidelity Funds, BlackRock Global Funds, Abu Dhabi Investment Authority, and Government Pension Fund Global are among the anchor investors, according to a circular uploaded on BSE's website.
Domestic Institutional investors, including SBI Mutual Fund (MF), HDFC MF, ICICI Prudential MF, Kotak MF, SBI L...
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