NSE introduces e-ETF facility under e-IPO module
- 13.01.2017
- Indian Stock Market
- 0
With an objective to facilitate acceptance of subscriptions for Further Fund Offer of CPSE ETF, NSE has introduced an online facility for the investment and subscription of exchange traded fund on its e-IPO platform. National Stock Exchange (NSE) would conduct a mock session for new ‘e-ETF’ on e-IPO platform on January 13 and January 16-17 in order to familiarise with the new facility.
An online facility for the investment and subscription of ETF shall be available to trading members of capital market segment with valid ARN on existing web based e-IPO platform. The issue size of Further Fund Offer, which will open on January 17 and close on January 20, is Rs 4,500 crore with a greenshoe option of Rs 1,500 crore.
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