Economy
NSE's ₹22,569-Crore IPO Fully Subscribed on Second Day of Bidding
The Hindu58m
THE BRIEF
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The National Stock Exchange of India's ₹22,569-crore initial public offering was fully subscribed on Friday, led by strong demand from institutional buyers.
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The offering received 1.16 times subscription with bids for 10.28 crore shares, standing as India's second-largest public issue after Hyundai Motor India's 2024 IPO.
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The non-institutional investors quota was subscribed 1.68 times and qualified institutional buyers received 1.53 subscriptions, with shares set to debut on September 24.