NSE launches ₹22,569 crore IPO after long wait
The National Stock Exchange of India has opened its ₹22,569 crore IPO, valuing the exchange at ₹4.42 lakh crore. The offering has attracted strong institutional interest, raising ₹6,746.2 crore from anchor investors prior to public subscription.
pre-market1 source ↓written by the desknot a recommendation
- for subscription
- ₹22,569 crore IPO
- and features
- ₹4.42 lakh crore
- per share
- ₹1,700 to ₹1,785
- raised from 150
- ₹6,746.2 crore
- from foreign portfolio
- 43%
The National Stock Exchange of India (NSE) has opened its ₹22,569 crore IPO for subscription, marking a significant moment in Indian capital markets after a decade. The issue values NSE at ₹4.42 lakh crore and features a price band of ₹1,700 to ₹1,785 per share.
Strong institutional interest is evident, with ₹6,746.2 crore raised from 150 anchor investors, including 43% from foreign portfolio investors. This IPO is expected to enhance market liquidity and investor participation.
Not investment advice. For informational purposes only.