NSE’s IPO Pricing Leaves Unlisted Share Buyers Facing Losses

Investors who piled into National Stock Exchange of India Ltd.’s shares ahead of its initial public offering face potential losses, with the bourse expected to price the deal at a...

By Ashutosh Joshi and Alex Gabriel Simon · Bloomberg Markets

Investors who piled into National Stock Exchange of India Ltd.’s shares ahead of its initial public offering face potential losses, with the bourse expected to price the deal at a discount to levels its stock traded in the private market.