NSE shrinks IPO after Morgan Stanley and others cut planned stake sales
The National Stock Exchange of India scaled back its IPO size after key institutional shareholders, led by Morgan Stanley’s investment vehicle, trimmed planned stake sales, according to two people directly aware of the development.
Bengaluru, Sept. 10 -- National Stock Exchange of India Ltd (NSE) has scaled back its initial public offering (IPO) size after a clutch of key institutional shareholders, led by Morgan Stanley's investment vehicle, trimmed their planned stake sales, according to two people directly aware of the dev…