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Saturday, January 14, 2017

The country's first IPO by a stock exchange is all set to open for subscription from Jan 23, 2017

Bombay Stock Exchange, the oldest stock exchange on the continent, is coming up with an Initial Public Offer (IPO) to raise close to Rs.1500 Crores

Among the existing shareholders are Bajaj Holdings Investment, Caldwell India Holdings, Acacia Banyan Partners, Singapore Exchange, Mauritius-based arms of American investor George Soros' Quantum Fund and foreign fund Atticus.

One of the interesting aspects of BSE IPO is that this would be the first time that the equity shares of a stock exchange would be listed and traded on another rival stock exchange which is NSE

Stay tuned for more on the BSE IPO!

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