NSE IPO GMP Signals Muted Listing Tomorrow. Check Details Here
NSE moved higher in an ipo & listings development.
· NDTV Profit, Economic Times Markets
NSE IPO price band was set at Rs 1,700-1,785 per share. At the upper-end of the price band, the company raised Rs 22,568.94 crore from the public issue, which was entirely an offer for sale (OFS) of 12.64 crore equity shares.
The analysis
NSE reported Rs 1,700 and Rs 22,568.94 crore. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.
Why it matters
- Listing activity is a read on risk appetite — a hot primary market usually means a confident secondary one.
- With NSE involved, this carries a regulatory dimension that can outlast the immediate market reaction.
Related coverage
Reliance shares may be a cheaper way to buy Jio Platforms after its listing
Bharti Airtel's Sunil Bharti Mittal backs Jio's public listing, says ‘looking forward to a very successful IPO’
Vodafone Idea zooms 12% after FPO sees 6x subscription; focus shifts to allotment, listing
PSP Projects share gains 4% on launching Rs 244-crore QIP
Indus Towers gains 4% after CLSA upgrade to #39;buy#39; on Voda Idea FPO