NSE Set to Price India IPO at 1,700 to 1,785 Rupees a Share

National Stock Exchange of India is likely to price its long-awaited IPO at 1,700–1,785 rupees per share, below the earlier marketed range of 2,000–2,100 rupees. The roughly 11%–15% reduction versus the initial low-end price indicates more cautious valuation expectations for the offering.