Economy
NSE IPO Makes Stock Market Debut on BSE and MSEI
Livemint57m
THE BRIEF
1
The ₹22,569-crore NSE initial public offering makes its stock market debut on Thursday, September 24, following an allotment finalized after strong investor demand.
2
The issue was subscribed 5.71 times overall by the end of bidding, driven by institutional investors with a 12.68 times subscription in the qualified institutional buyer portion.
3
Analysts predict modest listing gains, with a grey market premium currently around ₹40 per share, or 2.24%, against the upper price band of ₹1,785 per share.