Market Chatter: National Stock Exchange of India Cuts IPO Price Band, Trimming Valuation to INR4.42 Trillion

MT Newswires Live
09/09

The National Stock Exchange of India is expected to price its initial public ​offering between ​1,700 Indian rupees and 1,785 ⁠rupees per ​share, Bloomberg News ​reported Tuesday, citing people familiar with the matter.

The reported range is lower than the earlier marketed range of 2,000 rupees to 2,100 rupees.

The proposed pricing band would value India's stock exchange operator at about 4.42 trillion rupees, down from its earlier marketed valuation of 5.26 trillion rupees, the report said.

The NSE did not immediately respond to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

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