The stages of an initial public offering in India: the offer document, price band, bidding, allotment and listing, and the terms you meet along the way. A process guide with no view on any offer.
What a price band and a lot size mean, how the minimum amount for one bid is worked out, and what the issue price is. Arithmetic with illustrative numbers, with no view on any offer.
The exchange's ₹22,562 crore offer for sale drew bids for 50.58 crore shares against 8.86 crore on offer. Because an exchange cannot list its own shares on itself, NSE's stock is set to debut on rival BSE instead.
