NSE's much-awaited IPO may leave many unlisted market investors staring at notional losses, with the exchange expected to price the issue below the levels at which its shares have traded privately over the past year.
NSE is likely to price its IPO in the range of Rs 1,700-1,785 per share, Bloomberg reported. That is below the Rs 1,950-2,200 range in which NSE shares have traded in the unlisted market over the last one year.