NSE launches ₹22,569 crore IPO after long wait
after close1 source ↓written by the desknot a recommendation
- for subscription
- ₹22,569 crore IPO
- NSE at approximately
- ₹4.42 lakh crore
- the IPO attracted
- ₹6,746.2 crore
- 150 anchor investors
- of the anchor
- 43%
The National Stock Exchange of India (NSE) has opened its ₹22,569 crore IPO for subscription, marking one of India's largest stock market listings. The offering values NSE at approximately ₹4.42 lakh crore. Notably, the IPO attracted ₹6,746.2 crore from 150 anchor investors, with foreign portfolio investors contributing 43% of the anchor allocation.
This IPO provides Indian investors access to a major market operator, potentially enhancing market liquidity and investor participation. The price band is set between ₹1,700 and ₹1,785 per share, with shares allotted to anchors at the upper end.
Not investment advice. For informational purposes only.