Dangote Petroleum Refinery IPO Opens for Subscription
The Dangote Petroleum Refinery IPO is open for subscription, offering 4.1 billion shares at ₦525 each. The offer runs from 14 Sept to 13 Oct 2026. Read More: https://punchng.com/dangote-petroleum-refinery-ipo-opens-for-subscription/
The National Stock Exchange of India Ltd launched its ₹22,569 crore ($2.3 billion) initial public offering on Thursday. As of 10:20 a.m. IST, the issue had been subscribed 0.09 times. This $2.3-billion IPO ranks among India's largest-ever public offerings. The primary market is currently attracting major issuers, such as Jio Platforms, a company backed by billionaire Mukesh Ambani, which is set to list by the end of the year.
The National Stock Exchange's float marks the culmination of a decade-long endeavor, with regulatory scrutiny and legal issues delaying its listing for so long. On Wednesday, the stock exchange operator allocated shares worth $703.04 million to prominent global and domestic investors, including Norway and Abu Dhabi's sovereign wealth funds, as part of the IPO's anchor book allocation.
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- National Stock Exchange's $2.3-billion IPO opens for subscription thehindubusinessline.com
- Dangote Petroleum Refinery IPO opens for subscription premiumtimesng.com
- Dangote Petroleum Refinery IPO Opens for Subscription punchng.com
