The second tranche of Bharat-22 ETF (exchange traded fund) opened for fresh subscription on June 19, Tuesday. The government aims to raise Rs 6,000 crore from this round. There is also a green shoe option of Rs 2,400 crore, subject to government approval.
Greenshoe option is a special provision where the bid issuer allows for oversubscription to the issue up to a certain limit/cap.
