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The Economic Times
The Economic Times
Ritesh Presswala

NSE IPO: Issue subscribed nearly 6 times as QIBs drive demand on final day. GMP drops to 2%

NSE IPO GMP BSE Yes Securities India Angel One

The Rs 22,569-crore IPO of the National Stock Exchange of India (NSE) ended its three-day bidding process with 5.68 times subscription on Monday. The company received bids for 50.21 crore shares against 8.86 crore shares on offer.

However, retail investor participation remained relatively muted. The retail portion of the issue was subscribed 1.31 times, with 4.41 crore shares reserved for the category

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