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NSE May Reduce IPO Size to Rs 27,000 Crore

The National Stock Exchange may reduce its upcoming initial public offering size from thirty thousand crore rupees to be...

NSE May Reduce IPO Size to Rs 27,000 Crore
Source: Mint - Markets

The National Stock Exchange may reduce its upcoming initial public offering size from thirty thousand crore rupees to between twenty-five and twenty-seven thousand crore rupees. This adjustment stems from existing shareholders opting to retain their stakes for higher valuations. Tentatively slated to open on September eighteen, the share price band is projected between one thousand seven hundred and one thousand seven hundred eighty-five rupees.

SOURCE: Mint - Markets
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