NSE IPO: IFCI, New India Assurance, other stocks rally up to 9% as Rs 22,569 crore IPO opens. How much exposure do they have?

IFCI, New India Assurance and other stocks rallied after the Rs 22,569 crore NSE IPO opened for subscription. The companies have direct or indirect exposure to NSE, with several shareholders also selling stakes through the offer-for-sale. NSE’s IPO comprises 12.64 crore shares and is open for bidding until September 21.

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