Landmark NSE IPO attracts over Rs 90,200cr of demand as against the Rs 22,562 cr issue size
Qualified Institutional Buyers (QIB) portion subscribed 12.68 times on Day 3 The issue generated a demand over Rs 90,200 crore 21 st September, Mumbai: The Initial Public Offering of National Stock Exchange of India IPO was subscribed 5.71 times on the final day of bidding. The issue received 38.5 lakh applications, with bids of 50,58,11,384 equity shares against the offered 8,86,42,911 equity shares, according to data available on the stock exchanges. The Retail and Qualified Institutional Buyers (QIB) portions were subscribed 1.39 times and 12.68 times, respectively. The Non-Institutional Investors (NII) portion was subscribed 6.55 times, while the Employee portion was subscribed 2.40 times. Company Information Incorporated in 1992, the company is the largest stock exchange in India in terms of total turnover in cash market and total turnover in equity derivatives (based on notional turnover for equity options...