MEGA IPO NSE is eagerly awaited, the country's largest stock exchange is changing its IPO plan. In which the size of the IPO has been reduced. Earlier Rs. 30000 crore IPO was planned, which will be brought down to around Rs 23000 crore. Which means it will not be able to break Hyundai Motor India's IPO record. Notably, NSE's IPO is a complete offer for sale, whereby the exchange will not receive a single rupee, in which the shares of the old shareholders will be sold. The current challenge facing the NSE is that investor confidence is waning due to global uncertainty, thus raising questions against investment in mega IPOs, further increasing the likelihood that investors will walk away if the IPO fetches high prices. Experts say that if the NSE IPO price is kept above Rs 2000, investors may stay away from this IPO. So NSE will have to keep the IPO price below 1800 rupees, then it will be able to attract investors. On the other hand, the size of IPOs is being reduced as there is also a question against filling a large IPO.
NSE reduced the size of IPO? Trying to keep the IPO price below Rs. 1800 (News) is featured on Aapnu Amdavad — the digital home of Ahmedabad, where Amdavadis discover news and everything happening across the city.