Economy
NSE IPO Opens for Subscription With Price Band Set at ₹1,700 to ₹1,785
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THE BRIEF
1
The National Stock Exchange IPO opened for public subscription with a price band of ₹1,700 to ₹1,785 per share, aiming to raise funds via an offer for sale.
2
At the upper price band, the grey market premium indicated an estimated listing price of ₹1,910, reflecting a 7% premium over the issue price.
3
The share allotment is expected to be finalised on September 22, with listing on both BSE and NSE scheduled for September 24.