BusinessIndia's National Stock Exchange IPO Sees Record Demand Exceeding Nasdaq Valuation
India's National Stock Exchange (NSE) IPO attracted unprecedented investor interest, with bids totaling around Rs 90,000 crore ($10 billion), making it one of the largest IPO subscriptions in India. The IPO was oversubscribed by five times against the Rs 22,569 crore offer, surpassing valuation multiples seen in Nasdaq listings. This strong demand highlights investor confidence in NSE's market position.
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