NSE IPO subscribed 5.71X; retail investors show muted response
The IPO was open from September 17 to September 21 with a price band of Rs 1,700-1,785 per share. At the upper price band, the issue is valued at around Rs 22,561 crore.
Via Entrackr
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"The National Stock Exchange of India"s (NSE) much-awaited IPO closed with a 5.71X subscription on September 21, with investors bidding for 50.58 crore shares against 8.86 crore shares on offer. The IPO was open from September 17 to September 21 with a price band of Rs 1,700-1,785 per share. At the upper price band, the issue is valued at around Rs 22,561 crore. The IPO is entirely an offer for sale (OFS), meaning existing shareholders are selling their shares and…
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