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NSE IPO will not be of ₹30000 cr? Why reduced OFS could bring down the overall issue size

The NSE may reduce its IPO size from ₹30,000 crore to ₹25,000-27,000 crore due to existing shareholders' intent to hold shares for better value. The IPO is likely to open for subscription on September 18, with a tentative price range of…

NSE IPO will not be of  ₹30000 cr? Why reduced OFS could bring down the overall issue size

The NSE may reduce its IPO size from 30,000 crore to 25,000-27,000 crore due to existing shareholders' intent to hold shares for better value. The IPO is likely to open for subscription on September 18, with a tentative price range of 1,700-1,785 per share.

The NSE may reduce its IPO size from  <span class='webrupee'>₹</span>30,000 crore to  <span class='webrupee'>₹</span>25,000-27,000 crore. (AI generated image for representational purposes only)
The NSE may reduce its IPO size from ₹30,000 crore to ₹25,000-27,000 crore. (AI generated image for representational purposes only)
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Reported by Sharmila Bhadoria · Syndicated via official news feed

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