NSE Set for Debut After Rs 22,569-Crore IPO

The National Stock Exchange of India is about to start trading its own shares.

Its IPO was a way for investors to buy those shares before the listing.

Investors wanted more shares than were available, so the issue was subscribed 5.71 times.

Large institutional investors showed the most interest.

The IPO price was between Rs 1,700 and Rs 1,785 per share.

NSE itself will not receive the money because existing shareholders are selling their shares.

The listing will take place on the BSE and Metropolitan Stock Exchange of India.

Higher oil prices and uncertain global markets could affect how the shares perform on the first day.