India's NSE IPO draws $10 billion in bids
National Stock Exchange of India's $2.3 billion IPO was subscribed 5.7 times by the end of the final day of bidding on Monday, receiving bids for 502.69 million shares compared to 88.64 million shares on offer. The IPO received bids totaling 964.76 billion rupees ($10.07 billion) at the upper end of its price band.
7 times by the end of the final day of bidding on Monday as investors bet on continued equity market growth in Asia's third-largest economy. The shares will start trading on Thursday, marking the culmination of a decade-long effort by India’s biggest stock exchange operator to enter public markets. m. IST, exchange data showed.
07 billion) at the upper end of IPO price band of 1,700-1,785 rupees apiece. m. IST. com;)