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Live News EQUITY ARTICLE M impact

NSE IPO QIB portion fully subscribed on second bidding day

NSE’s IPO was fully subscribed for qualified institutional buyers on Friday, the second day of bidding. By 12:30 p.m. IST, overall demand for the $2.3 billion offer reached 89% based on exchange data.

NSE's IPO was fully subscribed by qualified institutional buyers on Friday, the second day of bidding, exchange data showed. m. IST, with the QIB portion reserved for up to half of the issue.