• Qualified Institutional Buyers (QIB) portion subscribed 12.68 times on Day 3
  • The issue generated a demand over Rs 90,200 crore

Mumbai: The Initial Public Offering of National Stock Exchange of India IPO was subscribed 5.71 times on the final day of bidding.

The issue received 38.5 lakh applications, with bids of 50,58,11,384 equity shares against the offered 8,86,42,911 equity shares, according to data available on the stock exchanges.

The Retail and Qualified Institutional Buyers (QIB) portions were subscribed 1.39 times and 12.68 times, respectively. The Non-Institutional Investors (NII) portion was subscribed 6.55 times, while the Employee portion was subscribed 2.40 times.