IFCI and NIACL shares jump as NSE IPO listing date eyed
IFCI and New India Assurance Company shares rose up to 11% after a CNBC-TV18 report said NSE is targeting a September 25 listing, with SEBI approval of an IPO expected to be likely.
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06:37:03 AM UTC
SquawkNews
The long-awaited initial public offering (IPO) from the National Stock Exchange (NSE) may get approval from the Securities and Exchange Board of India (SEBI) next week, according to sources familiar with the progress.CNBC-TV18 learns that the NSE may file an updated prospectus soon after receiving…
Shares of IFCI and New India Assurance Company rose up to 11 percent on Friday following a report that the National Stock Exchange (NSE) is targeting a listing on September 25.The sharp rise in the two stocks came after CNBC-TV18 reported that SEBI is likely to approve NSE's initial public offering…