The National Stock Exchange secured significant backing for its Rs 22,561 crore initial public offering through its anchor book allocation. Life Insurance Corporation of India emerged as a primary investor in this key round.
Institutional Confidence
The strong participation from anchor investors underscores robust institutional confidence in the exchange’s market position. This anchor round serves as a critical precursor to the broader public offering phase.
Upcoming Subscription
The successful anchor allocation signals strong demand from both major domestic and international investors ahead of the broader subscription phase for the exchange.