NSE IPO Fully Subscribed on Day 2, Led by Institutional Investors
The National Stock Exchange of India's initial public offering achieved full subscription by its second day of bidding. Institutional investors, including Qualified Institutional Buyers and non-institutional participants, drove strong demand for the offering. The IPO is structured entirely as an offer for sale, meaning all proceeds will go to the existing selling shareholders rather than the company itself. NSE shares are scheduled to make their stock market debut on September 24.
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