From CNBC · Priyanka Salve · · 1m 40s
India's stock exchange IPO draws record investor demand
The National Stock Exchange's $2.3 billion offering is oversubscribed 5.7 times, valued higher than Nasdaq despite India's emerging market status.
In brief
The National Stock Exchange's $2.3 billion offering is oversubscribed 5.7 times, valued higher than Nasdaq despite India's emerging market status. India's National Stock Exchange IPO attracted over ten billion dollars in bids for a two point three billion dollar offering, valuing it above U.S. exchanges like Nasdaq…
NSE IPO draws massive investor interest

India's National Stock Exchange received bids worth more than ten billion dollars for its two point three billion dollar IPO on Monday, driven by institutional and high-net-worth buyers.
Offer oversubscribed 5.7 times
The NSE IPO secured bids for five hundred five point eighty-one million shares on Monday, five point seven times the eighty-eight point sixty-four million shares on offer.
Anchor investors commit 704 million dollars
The company raised sixty-seven point five billion rupees, or seven hundred four million dollars, from anchor investors including the Monetary Authority of Singapore and Abu Dhabi Investment Authority.
NSE valued above U.S. exchanges
NSE trades at a price-to-earnings ratio of forty-two point nine times, higher than Nasdaq at twenty-three point six times and Intercontinental Exchange at twenty-one point nine times.
India's retail investor base surging
India's share of equity and mutual funds in annual household financial savings rose to fifteen point two percent in the year ending March two thousand twenty-five from two percent in March two thousand twelve.
“equity investments have become a significant component of financial wealth”
NSE dominates India's capital markets
NSE commands ninety-three percent of India's cash market, nearly one hundred percent of equity futures trading, and seventy-five percent of equity options trading, positioning it as the country's main exchange.
The key point
India's National Stock Exchange IPO attracted over ten billion dollars in bids for a two point three billion dollar offering, valuing it above U.S. exchanges like Nasdaq.




