The third sale of government's exchange traded fund of top 10 state-owned companieson Tuesday attracted robust bids with the portion reserved for anchor investors getting subscribed over 7.5 times to the tune of Rs 5,700 crore on the opening day.
The Reliance Mutual Fund-managed Central Public Sector Enterprises - Exchange Traded Fund (CPSE ETF) has Further Fund Offer (FFO) size of Rs 2,500 crore. As much as 30 per cent of total issue size, or Rs 750 crore, was reserved for anchor investors who put in bids worth about Rs 5,700 crore today, a top official said.
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