NSE India raises $703M from anchor investors
India's NSE has raised 67.46 billion rupees from anchor investors ahead of its $2.3 billion initial public offering. State-run Life Insurance Corporation emerged as the largest investor in the round, which paves the way for the bourse to open its public subscription.
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The National Stock Exchange of India allotted shares worth 67.46 billion rupees ($703.04M) to anchor investors on Wednesday afternoon, setting the price at 1,785 rupees each.
