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The Economic Times
The Economic Times
Business
Veer Sharma

NSE IPO: 8 selling shareholders trim stake sale as offer size cut by over 15%, RHP shows

NSE IPO

National Stock Exchange of India (NSE) has cut the size of its proposed initial public offering (IPO) offer for sale (OFS) by around 15%, with several shareholders scaling back the number of shares they plan to sell, according to the red herring prospectus (RHP) filed on September 10.

The total OFS has now been reduced to up to 12.64 crore shares, from the 14.89 crore shares proposed in the UDRHP. This represents a reduction of around 2.25 crore shares.

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