NSE IPO Subscription Closes With Retail Quota Booked 1.
· Business · Moneycontrol, Indian Express
The initial public offering (IPO) of the National Stock Exchange (NSE) has closed for subscription, with the retail quota booked 1.35 times. Approximately three out of four retail applicants are expected to receive an allotment of shares. The issue reached an overall subscription of 1.04 times by the final day. The grey market premium (GMP) for the stock is currently reported at ₹48.
Why it matters
The NSE IPO is a major event for the Indian financial market, offering investors a stake in the country's largest stock exchange operator.
Read the original report — Moneycontrol
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