MUMBAI: The National Stock Exchange of India’s IPO drew more than US$10 billion by the final day of bidding on Monday (Sep 21), as investors look to tap into a boom in public listing s in Asia’s third-largest economy.
The US$2.3 billion IPO , the country’s biggest after Hyundai Motor India’s HYUN.NS $3.3 billion offering, received bids for 505.81 million shares, 5.71 times the 88.64 million shares on offer after three days of bidding, exchange data showed.
NSE shares will likely begin trading on Thursday, marking the culmination of a decade-long effort by India’s biggest stock exchange operator to enter public markets.
The IPO comes at a time…
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