NSE IPO Subscribed 1.16x on Day 2, Becomes India's Second-Largest Public Issue
The National Stock Exchange's Rs 22,569-crore IPO was subscribed 1.16 times by the end of its second day, driven by non-institutional investors and qualified institutional buyers. The offering has become the second-largest public issue in India's history. It surpasses LIC's Rs 21,000-crore IPO from 2022 but falls short of Hyundai Motor India's record Rs 27,870-crore issue from 2024. The milestone underscores continued investor interest in large-scale domestic public offerings.
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