NSE IPO subscribed 0.43 times on day 1, NII bids highest
The National Stock Exchange's large initial public offering saw limited subscription on its first day.
Non-institutional investors placed the most bids, while retail and qualified institutional buyers showed less interest.
This offer for sale involves existing shareholders selling their stakes, not raising new capital for the exchange.
The subscription period remains open until September twenty-first, with shares expected to list soon after.
5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on economictimes.indiatimes.com — the content belongs to The Economic Times.
