NSE IPO Ends with 5.71x Subscription: QIBs Lead with 12.68x Bidding
Qualified institutional buyers led demand as the offer drew bids worth about Rs 90,000 crore, while the issue remains an offer for sale.
9 Articles
9 Articles
NSE’s $2.4 Billion India IPO Subscribed 5.7 Times as Books Close
National Stock Exchange of India Ltd.’s $2.4 billion initial public offering, one of the largest in India’s history, was subscribed 5.7 times as investors delivered their verdict on the long-awaited deal.
NSE IPO Subscribed 5.7 Times as QIBs Lead Demand; Shares to List on BSE on Thursday
Get latest articles and stories on Business at LatestLY. The initial public offering of the National Stock Exchange of India is set to move towards allotment after the Rs 22,561-crore issue was subscribed 5.69 times by the close of bidding on Monday, with qualified institutional buyers showing the strongest demand among major investor categories. Business News | NSE IPO Subscribed 5.7 Times as QIBs Lead Demand; Shares to List on BSE on Thursday.
NSE IPO ends with 5.71x subscription: QIBs lead with 12.68x bidding
The NSE IPO, India's second-largest issue worth Rs 22,562 crore, closed with a 5.71x subscription, showing strong investor demand across all categories and a grey market premium suggesting a 3.25% listing gain.
NSE IPO: Issue subscribed nearly 6 times as QIBs drive demand on final day. GMP drops to 2%
NSE IPO: The Rs 22,569-crore NSE IPO closed with 5.57 times subscription, with QIBs leading demand at 12.68 times and retail investors subscribing 1.31 times. The entirely OFS issue has a price band of Rs 1,700–1,785 per share. NSE shares are expected to list on the BSE on September 24.
Coverage Details
Bias Distribution
- 66% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium














