Live
- WhatsApp Update: WhatsApp Rolls Out Group Mentions in Status Updates
- Chandrababu Advocates for Balanced Governance and Development in Andhra Pradesh
- Our 6 free services in Delhi pinching rivals: Kejriwal at 'Revadi par Charcha' campaign
- Abu Dhabi T10: Jos Buttler shines in debut, lauds England batters after memorable performances
- BCCI releases dates for IPL 2025 to 2027
- Centre releases Rs 448 crore as grant for rural local bodies in Karnataka
- India and Japan bolster defence ties, explore air domain cooperation
- Masik Shivratri 2024: Date, Time, Rituals, and Significance
- 8 of 10 Indian stockbrokers to increase IT budgets for emerging tech adoption
- Utpanna Ekadashi 2024: Date, Rituals, and Significance
CPSE FFO 5 oversubscribed
Highlights
The sixth tranche of Central Public Sector Enterprise (CPSE) (ETF) opens and closes for retail investors on Friday.
Mumbai: The sixth tranche of Central Public Sector Enterprise (CPSE) (ETF) opens and closes for retail investors on Friday.
The issue opened and closed for Anchor Investors on Thursday, when the CPSE ETF Further Fund Offer or FFO 5 anchor book was oversubscribed 8.33 times.
Reliance Nippon Life Asset Management (RNAM) Limited managed the 6th tranche of CPSE ETF FFO 5 for Anchor Investors.
Sources said against the Anchor base issue size of Rs 2,400 crore (considering the total base issue size of Rs 8,000 crore), RNAM received Anchor subscription worth Rs 19,980.32 crore leading to Anchor portion being oversubscribed 8.33 times.
Next Story
ADVERTISEMENT
