1 hr ago
NSE Sets Rs 1,700-1,785 Price Band for IPO Bidding
The National Stock Exchange, or NSE, has announced details of its IPO.
The IPO will have a price range of Rs 1,700 to Rs 1,785 for each share.
This range is called the price band.
The lowest price in the range is Rs 1,700.
The highest price is Rs 1,785.
Retail investors will need at least Rs 14,280 if the highest price applies.
Bidding for the IPO will open on September 17.
The announcement provides details that investors had been waiting for.
The National Stock Exchange has announced details of its much-awaited IPO.
The IPO price band is set at Rs 1,700-1,785 per share.
The lower end of the price band is Rs 1,700 per share.
The upper end of the price band is Rs 1,785 per share.
Retail bidding is scheduled to open on September 17, with a minimum investment of Rs 14,280 based on the upper band.
- Who
- The National Stock Exchange (NSE) and retail investors.
- What
- The NSE has announced a Rs 1,700-1,785 price band for its IPO.
- Where
- When
- Bidding is scheduled to open on September 17.
- Why
Key facts
- Issuer
- National Stock Exchange (NSE)
- Offering
- Initial public offering (IPO)
- Price band
- Rs 1,700-1,785 per share
- Lower price
- Rs 1,700 per share
- Upper price
- Rs 1,785 per share
- Retail minimum investment
- Rs 14,280, based on the upper price band
- Bidding opens
- September 17
Sources
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