Landmark NSE IPO attracts Rs 1.3 lakh cr of demand vs Rs 22,562 cr issue size

Mumbai, Sep 22 (UNI) The Initial Public Offering of National Stock Exchange of India was subscribed 5.71 times. Including the oversubscription in the Qualified Institutional Buyers (QIB) portion, the issue garnered demand of Rs 1.3 lakh crore. The issue received bids of 50,58,11,384 equity shares against the offered 8,86,42,911 equity shares, according to data available on the stock exchanges. The Retail and QIB portions were subscribed 1.39 times and 12.68 times, respectively. The Non-Institutional Investors (NII) portion was subscribed 6.55 times, while the Employee portion was subscribed 2.40 times. The IPO of the nation's largest stock exchange got a total…