NSE IPO: NPS pension trust leads as top non-anchor QIB
New Delhi, Sept. 23 -- Over a hundred Qqualified institutional buyers other than anchor investors invested Rs.3675.42 crore of the reserved Rs.4,499 crore in the initial public offering of the National Stock Exchange (NSE), bankers familiar with the share sale said.
National Pension Scheme Trust (NPS Trust), LIC, BNP Paribas Financial Markets, Societe Generale, ICICI Mutual Fund, Nomura Singapore, Quant Mutual Fund, WhiteOak Capital MF and Mirae Asset Mutual Fund were among the top 10 bidders, one of the two bankers said on the condition of anonymity.
The QIB (ex-anchor) portion accounts for 19.94% of total issue or Rs.4,499 crore. Total allocation of the top 10 buyers ex-anchor portion was Rs.2234.15 crore, the banker said. The biggest...
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