NSE IPO subscribed 5.71 times on final day
The National Stock Exchange's initial public offering received strong investor interest on its final subscription day, with qualified institutional buyers oversubscribing their allocation by more than twelve times. Retail investors also showed robust demand, nearly doubling their intended share allotment.
The IPO achieved an overall subscription rate of 5.71 times, reflecting widespread confidence in the exchange. NSE shares are scheduled to debut on the BSE on September 24, culminating a lengthy regulatory process that had previously faced various hurdles.
