The NSE IPO was offered in the price band of Rs 1,700 to Rs 1,785 per share, with a lot size of eight shares. A retail investor applying for one lot at the upper end of the price band had to invest Rs 14,280.
The NSE IPO allotment is expected to be finalised on September 22 after the issue was subscribed 5.71 times. Investors are now watching the BSE listing on September 24 and GMP-based price estimates.
Hero Motors' Rs 1,000-crore IPO has opened for subscription from September 16 to 18. A Rs 19 grey market premium points to listing interest, while investors weigh improving finances against concentration and raw material risks.
The OpenAI CEO also suggested that OpenAI and other leading AI companies may be close to announcing an agreement to slow AI development and work together to address safety risks.
