NSE pays 20 banks Rs 186 crore in fees for India IPO
The National Stock Exchange paid ₹186 crore to 20 advisory banks for its $2.4 billion IPO. At 0.82% of the total issue, the fee structure remains well below India’s market average, despite the IPO drawing strong institutional demand with a 5.7x overall subscription.
Key takeaways
- Category: IPO.
Why it matters
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