Retail investors displayed the highest enthusiasm for the offering, with their portion being subscribed 4.5 times over. Qualified institutional buyers followed closely behind, subscribing 3.5 times the allocated shares. Non-institutional investors also showed considerable interest, subscribing 1.5 times their reserved portion of 30.66 lakh shares.
Can NSE Clearing achieve financial independence before the NSE IPO?
NSE’s listing plans hinge on resolving the financial relationship between the exchange and its clearing arm, NSE Clearing. SEBI has suggested NSE Clearing should become