The record
Written from the 1 report below. Nothing here is unsourced.
- The National Stock Exchange of India opened its 22,562 crore rupee IPO for subscription on Thursday, receiving about 23% subscription on the first day.
- The NSE raised 6,746 crore rupees from anchor investors ahead of the public issue, with over 150 institutions participating and foreign portfolio investors taking a 43% share of the anchor allocation.
- Shares of other market infrastructure firms rose after the IPO opened, with CDSL up 3.77% at 1,348 rupees, MCX up 2.27% at 3,284 rupees, and BSE up over 1.21% at 3,279.30 rupees.
- The Nifty Capital Markets index gained more than 1% to trade at 5,275.30, with 14 of its 17 stocks in the green.
- The NSE shares are expected to list on September 24, and analysts say investors are revaluing the entire listed exchanges and depositories sector based on the NSE's scale and strong institutional demand.
What to watch next
- Final subscription figures across retail and institutional categories as the IPO closes.
- NSE share listing on September 24 and its listing-day performance.
- Whether gains in BSE, CDSL, MCX and AMC stocks hold after the IPO closes.
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1 report
Indian-language1
All filed from India
Named India · Bombay Stock Exchange · Central Depository Services · Computer Age Management Services · HDFC Asset Management Company · Multi Commodity Exchange · National Stock Exchange
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