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NSE IPO Hits 43% Subscription on Day 1; Brokerages Weigh In Ahead of Day 2

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The National Stock Exchange's IPO recorded an overall subscription rate of 43% on its first day of bidding. Bids were placed against the 8.86 crore shares made available under the offering. Retail investors subscribed to 44% of the 4.41 crore shares set aside for their category. As the IPO entered its second day, brokerages began sharing their assessments of the issue's prospects. Market participants are closely watching whether momentum will pick up in the remaining subscription window.

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