IPO of Asia's oldest bourse BSE over 40 times subscribed

Mumbai

BSE Ltd, the operator of Asia's oldest bourse and India's first stock exchange to list, received bids for over 40 times the shares in an initial public offering that ended on Wednesday.

Bids were placed for 433.8 million shares compared with 10.8 million shares on offer as of 3pm local time, according to National Stock Exchange data.