NSE's ₹22,561 crore IPO tests investor appetite
after close1 source ↓written by the desknot a recommendation
- on 15 Sep
- ₹22,561 crore IPO
- per share
- ₹1,700 to ₹1,785
- valuing NSE
- ₹4.42 lakh crore
- being sold
- 12.6 crore shares
- in proposed stake
- 15% reduction
The National Stock Exchange of India (NSE) announced its ₹22,561 crore IPO on 15 Sep, with a price band of ₹1,700 to ₹1,785 per share. This marks the largest IPO in Indian history, valuing NSE at ₹4.42 lakh crore. The offer is entirely an Offer for Sale, with 12.6 crore shares being sold, following a 15% reduction in proposed stake sales by shareholders, including State Bank of India.
This IPO's success will be closely watched as it reflects investor sentiment and appetite in the current market environment.
Not investment advice. For informational purposes only.