NSE Seeks $46 Billion Valuation in Trimmed IPO
National Stock Exchange of India has set a price band for its long-awaited initial public offering targeting a valuation of up to $46.31 billion. Existing investors reduced the overall share offering size following a lower-than-expected price band. The subscription period will run from September 17 to September 21.
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National Stock Exchange of India is targeting a valuation of up to $46.31 billion through a trimmed IPO launching next week. The offering ranks among the largest ever in India. The bourse set a price band of 1,700 to 1,785 rupees per share, aiming to rival global peers.
