The National Stock Exchange of India allocated shares worth ₹6,745 crore ($702.93 million) to more than 100 anchor investors ahead of its initial public offering (IPO), Reuters reported, citing sources.
Life Insurance Corporation of India (LIC), Norway’s Norges Bank, Abu Dhabi’s sovereign wealth fund Abu Dhabi Investment Authority (ADIA), and US asset manager Fidelity were among the top investors in NSE’s IPO anchor book, the report said, quoting the sources.
LIC, Norges Bank, ADIA and NSE did not immediately respond to Reuters’ requests for comment. Fidelity declined to comment, according to the report.
