NSE IPO: NSE Shares to Debut on Metropolitan Stock Exchange Along with BSE Tomorrow

NSE shares to list on MSE along with the BSE

NSE, which is also the country’s largest stock exchange, has not submitted an application for regulatory permission to allow trading in its shares on its own ex

NSE shares to trade on MSE from Thursday

NSE shares will start trading on the Metropolitan Stock Exchange of India from September 24 under the “Permitted to Trade” category.

NSE IPO: NSE shares to debut on Metropolitan Stock Exchange along with BSE tomorrow

NSE shares are set to make their much-awaited market debut on September 24, with trading scheduled on both BSE and the Metropolitan Stock Exchange of India (MSEI). The listing follows a Rs 22,562 crore IPO that drew strong demand, with the issue subscribed nearly six times and QIBs bidding nearly 13 times their quota.

NSE shares to trade on Metropolitan Stock Exchange of India from tomorrow

NSE saw a strong overall subscription of 5.71x on the final day of its bidding

NSE Listing Tomorrow: Stock To Trade On MSEI From September 24 under ‘Permitted to Trade’ category

The arrangement is important because NSE, despite being Indias leading stock exchange, does not have its shares trading on its own platform. NSE Managing Director and CEO Ashish Chauhan had earlier said that the exchange would not seek Sebi approval to trade NSE shares on its own platform.