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NSE IPO Listing Tomorrow After Rs 6,746 Crore Anchor Raise
NSE is expected to list its IPO tomorrow.
An IPO is when a company offers its shares to the public.
Last week, NSE raised Rs 6,746 crore from selected anchor investors.
Anchor investors are large institutions that invest before regular investors.
Life Insurance Corporation of India, Goldman Sachs and Fidelity were included.
GIC Singapore, Abu Dhabi Investment Authority and Norges Bank also participated.
Eastspring and HSBC Global Asset Management joined the anchor round as well.
The report does not provide the IPO’s grey market premium or a calendar date for the listing.
The NSE IPO is scheduled to list tomorrow, according to the report.
NSE raised Rs 6,746 crore from anchor investors last week.
The anchor book included Life Insurance Corporation of India, Goldman Sachs and Fidelity.
Sovereign wealth fund participants included GIC Singapore, Abu Dhabi Investment Authority and Norges Bank.
Eastspring and HSBC Global Asset Management also participated in the anchor round; no GMP figure was provided.
- Who
- NSE and the institutional investors named in the anchor book.
- What
- NSE raised Rs 6,746 crore from anchor investors, with its IPO scheduled to list tomorrow.
- Where
- Not specified in the report.
- When
- The anchor fundraising occurred last week; the IPO listing is scheduled for tomorrow.
- Why
- To raise funds through the IPO and its anchor-investor round.
Key facts
- Company
- National Stock Exchange of India (NSE)
- IPO status
- Scheduled to list tomorrow
- Anchor fundraising
- Rs 6,746 crore
- Anchor round timing
- Last week
- Named institutional investors
- Life Insurance Corporation of India, Goldman Sachs and Fidelity
- Named sovereign wealth funds
- GIC Singapore, Abu Dhabi Investment Authority and Norges Bank
- Other participants
- Eastspring and HSBC Global Asset Management
- GMP
- Not provided in the report
Sources
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