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The Economic Times
The Economic Times
Business
Akash Podishetti

NSE listing sees India's biggest exchange near bottom of Rs 10,000 crore IPO club

NSE IPO India

NSE made a muted stock-market debut on Tuesday, listing at just about 0.8% premium to its IPO price, putting India’s largest exchange among the weakest listings in the Rs 10,000 crore-plus IPO club.

The stock listed around Rs 1,800 against the upper issue price of Rs 1,785, giving investors only a small listing gain. The tepid debut came despite strong institutional interest in the Rs 22,561.57 crore public issue and the exchange’s dominant position in India’s capital-market ecosystem.

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