NSE IPO Day 2: After 43% subscription on first day, what brokerages are saying
The National Stock Exchange of India (NSE) IPO entered its second day of subscription with a grey market premium (GMP) of 8%. On the first day, the IPO was 43% subscribed, with bids for 8.86 crore shares against the offer of 12.64 crore shares. Analysts expect moderate gains when shares list, with retail investors subscribing to 44% of their reserved shares.