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NSE IPO receives encouraging bids from investors; issue fully subscribed on day 2

The category for Qualified Institutional Buyers was subscribed 1.32 times, while the non-institutional investors portion garnered 1.37 times subscription. The retail investors quota received 66 per cent subscription

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Representational Image. File pic.

Representational Image. File pic.

The mega Rs 22,569-crore initial public offering of the National Stock Exchange of India (NSE) was fully subscribed on the second day of bidding on Friday, driven by encouraging response from qualified institutional buyers and non-institutional investors.

The NSE IPO received bids for 8,88,23,000 shares against 8,86,42,911 shares on offer, as per data available with the BSE till 2:56 PM.

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