{
  "id": 7955202,
  "title": "National Stock Exchange's $2.3-billion IPO opens for subscription",
  "url": "https://urgent.news/2026/09/17/national-stock-exchanges-2-3-billion-ipo-opens-for-subscription",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-17T05:08:35.000Z",
  "source": {
    "name": "Hindu BusinessLine",
    "slug": "hindu-businessline",
    "url": "https://www.thehindubusinessline.com/markets/national-stock-exchanges-23-billion-ipo-opens-for-subscription/article71475352.ece"
  },
  "original_language": "en",
  "account": "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.",
  "summary": "NSE allotted shares worth $703.04 million to marquee global and domestic investors, including the sovereign wealth funds of Norway and Abu Dhabi, as part of its anchor book allocation ahead of the issue",
  "key_points": [
    "National Stock Exchange launches ₹22,569 crore IPO",
    "Issue subscribed 0.09 times, ranks among India's largest",
    "Anchor book allocated $703.04 million to global/domestic investors"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}