The National Stock Exchange of India’s (NSE) initial public offering (IPO) has entered the ranks of the largest IPOs in Indian history. The exchange ranks second in terms of issue size at Rs 22,561.57 crore, behind Hyundai Motor India, which raised Rs 27,858.75 crore from the markets last year.
The NSE IPO comprises entirely an offer for sale (OFS), with shares offered at Rs 1,785 apiece. The issue opened for public subscription on September 17, with listing expected the following week.
