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NSE's $2.4 Billion IPO Nearly 6x Oversubscribed Ahead of Sept 24 Debut

Reports highlight bids topping $10 billion and Nasdaq-beating valuation

3 Sep 22 12:00 AM · 2d ago · 2 articles · 1 post · 3 sources · development 3 of 4

Coverage noted the IPO drew total bids exceeding $10 billion and priced the exchange at a valuation multiple above that of Nasdaq.

Reports highlight bids topping $10 billion and Nasdaq-beating valuation
The Hindu

“Investors rush into India's National Stock Exchange IPO at valuation multiple above Nasdaq”

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National Stock Exchange of India Ltd. (NSE) Issuer / India's largest stock exchangeLife Insurance Corporation of India (LIC) Anchor investorGIC Singapore, ADIA, Norges Bank Sovereign wealth fund anchor investors

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1NSE launches its mega IPO and completes…2Books close with 5.7x subscription and…3Reports highlight bids topping $10…4NSE prepares for market debut on…
Sep 17Sep 18Sep 19Sep 20Sep 21Sep 22yesterdaynow · 4:46 AM ET

What was reported 1 claim about this development

  1. 1 outlet Investors rush into India’s National Stock Exchange IPO at valuation multiple above Nasdaq

    first by CNBC, 2d ago

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