NSE IPO Subscribed 5.7 Times as Bidding Ends

The National Stock Exchange (NSE) initial public offering (IPO) closed with a subscription of 5.7 times, reflecting robust investor interest. The bidding attracted nearly Rs 90,300 crore in demand, positioning the IPO as one of the largest public issues in recent times. The shares are scheduled to be listed on September 24, officials said.

The NSE IPO saw strong participation from institutional investors, driving the subscription to 5.7 times. This level of demand places the issue among the top public offerings, second only to Hyundai Motor India in recent years. The total demand for the shares reached nearly Rs 90,300 crore, highlighting the market's confidence in the exchange's prospects.