NSE makes muted stock market debut
The listing followed NSE’s Rs 22,561 crore IPO, which was subscribed 5.71 times.
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The listing followed NSE’s Rs 22,561 crore IPO, which was subscribed 5.71 times.
The IPO marks the end of NSE’s nearly decade-long wait to go public, after its first IPO attempt in 2016 was stalled by regulatory proceedings.
Shareholders participating in the sale include State Bank of India, Canada Pension Plan Investment Board (CPPIB), MS Strategic (Mauritius) Limited, Aranda Investments (Mauritius) Pte Ltd and Bank of Baroda, among others.
The stock exchange has been attempting to list since 2016 to provide exit to its investors.
The ESOP buyback will benefit more than 500 former and current employees of CoinDCX.
With its steady track record of giving timely exits to its investors, Fractal marches towards the IPO. But the larger question now is whether Fractal can keep pace with an AI ecosystem...
Turtlemint said it has filed the pre-filed DRHP with SEBI and the stock exchanges, in relation to the proposed IPO.