NSE's IPO Frenzy: What It Reveals About India's Financial Landscape The National Stock Exchange (NSE) has finally broken free from its decade long listing logjam.
The Rs 22,569 crore IPO, fully subscribed on its second day, has exceeded initial expectations of around Rs 30,000 crore.
Non institutional investors and qualified institutional buyers (QIBs), including big players like Goldman Sachs and Fidelity, led the charge with a subscription ratio of 1. 16 times.