NSE IPO May Enter India’s Top Ten Companies on Debut

The National Stock Exchange of India is preparing to have its shares traded publicly.

Its IPO price was set at Rs 1,785 per share.

Many investors applied, so the IPO was subscribed more than five times.

The company could become one of India’s ten most valuable listed companies if its shares gain about 5% after listing.

Its shares will be listed only on the Bombay Stock Exchange.

Reliance Industries is currently India’s largest company by market value.

HDFC Bank and Bharti Airtel are next among the biggest companies.

Tata Consultancy Services has moved down to sixth place.