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India's biggest asset manager IPO raises $31 billion in bids
The offering, which closed Thursday, attracted strong institutional demand as India’s largest asset manager took public market footing.
India’s biggest IPO this year has drawn substantial interest, with bids worth $31 billion pouring in as the share sale for the country’s largest asset manager closed Thursday, CNBC reported.
The coverage highlighted that institutional investors drove the demand behind the IPO, pointing to strong appetite for the listing at the close of the offering period.
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CNBC MarketsIndia's biggest IPO this year rakes in bids worth $31 billion, powered by institutional frenzy
CNBC WorldIndia's biggest IPO this year rakes in bids worth $31 billion, powered by institutional frenzy