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Market Impact: 0.55
NSE’s $2.4 Billion India IPO Subscribed 5.7 Times as Books Close
Source: Bloomberg
IPOs & SPACsEmerging MarketsInvestor Sentiment & PositioningFinancial Markets
National Stock Exchange of India Ltd.'s $2.4 billion IPO, among India’s largest ever, was subscribed 5.7 times. The strong demand signals robust investor appetite for the long-awaited listing and is likely supportive for India’s primary equity-market pipeline.
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