Who were the biggest buys on Day 1 of the IPL 2025 mega auction?

Wicketkeeper-batter Rishabh Pant was bought by LSG for ₹27 crore on the first day of the IPL 2025 mega auction. He became the most expensive player in IPL history. Batter Shreyas Iyer was the second-biggest buy of the day, being bought by PBKS for ₹26.75 crore. Venkatesh Iyer was the third-biggest buy, being sold to KKR for ₹23.75 crore.