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NLC India OFS sees strong response, oversubscribed 5x on Day 1; retail bidding opens June 10

Business 10 Jun 2026
NLC India OFS sees strong response, oversubscribed 5x on Day 1; retail bidding opens June 10

BSE data showed that the issue was oversubscribed on Day 1, with non-retail investors bidding for shares worth ₹4,158 crore. To be precise, the issue was subscribed 522.20%, or more than five times.