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India's NSE allots shares worth $703 million to anchor investors, sources say
The National Stock Exchange of India allocated shares worth 67.45 billion rupees ($702.93 million) to more than 100 anchor investors ahead of its initial public offering, people familiar with the matter said on Wednesday. India’s Life Insurance Corporation, Norway’s Norges Bank, Abu Dhabi’s sovereign wealth fund Abu Dhabi Investment Authority (ADIA) and U.S. asset manager Fidelity were among the top investors in NSE’s IPO anchor book, the people said on the condition of anonymity as they are not authorised to speak to the media. LIC, Norges Bank, ADIA and NSE did not immediately respond to Reu...
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