Sebi Chairman Tuhin Kanta Pandey announced that the NSE IPO faces no remaining obstacles, though he refrained from providing a specific timeline. He clarified that the ownership structure of clearing corporations is not hindering the IPO. Pandey also mentioned NSE is resolving legal matters, involving payments and case withdrawals, while Sebi is proceeding cautiously with the ‘T+0’ settlement period.
Knack Packaging IPO Day 3: Issue subscribed 83x at close; GMP signals 17% listing gain
Knack Packaging’s Rs 439.5-crore IPO was subscribed 73 times on the final day of bidding, led by strong demand from QIBs. The grey market premium