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India’s NSE cuts IPO size by over 15% for next week

The National Stock Exchange of India has cut the size of its long-awaited IPO by more than 15%. Its prospectus says investor orders will be taken next week for the listing.

SBIN

The National Stock Exchange of India has reduced the size of its long-awaited IPO by more than 15% and plans to take investor orders next week, according to its prospectus released on Thursday. The listing is still expected to be one of India’s biggest. Existing investors include State Bank of India NSE:SBIN and Canada Pen…