NSE IPO Day 3: Subscription Hits Nearly 1.5 Times, GMP at 3%. Should You Apply?
The issue drew 1.16 times bids as grey market premium eased to Rs 48, while anchor investors including LIC, Goldman Sachs and Fidelity backed the sale.
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NSE IPO Updates: Retail investors will need to invest a minimum of ₹14,280 per lot. A lot consists of eight shares. Since this issue is entirely OFS, the IPO proceeds will go to shareholders, and the company will not receive any new funds.
NSE IPO Day 3 Live: Largest IPO booked 1.23x so far, last day to bid
NSE IPO Day 3 live updates: NSE IPO, Check GMP, issue details & subscription status The ₹22,568.94-crore initial public offering of the National Stock Exchange of India (NSE) was fully subscribed on the second day of bidding. The price band has been fixed at ₹1,700-₹1,785 per share, with a minimum application size of eight shares. Catch our stock market live updates | Follow businessline for more
NSE IPO GMP today: Last chance to apply for Rs 22,569 crore issue, grey market premium falls below Rs 50
The grey market premium (GMP) of the NSE IPO has moderated, and the unlisted shares are trading at a grey market premium (GMP) of Rs 48. Earlier, the NSE raised Rs 6,746 crore from anchor investors.
NSE IPO Day 3: Subscription hits nearly 1.5 times, GMP at 3%. Should you apply?
NSE IPO GMP Live Updates: On Day 2, the NSE IPO was subscribed 1.16 times overall against the 8.86 crore shares on offer. The retail portion was subscribed 72% of the 4.41 crore shares reserved for retail investors.
NSE IPO Live Day 3: GMP crashes to Rs 48 from Rs 142; should you still subscribe?
NSE IPO Day 3 live updates, GMP: Track subscription status, GMP, price band, allotment date and BSE listing details for the Rs 22,561.57 crore IPO. Many market experts are calling the valuations rich even as the business fundamentals remain strong.
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