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News From Press CPSE ETF receives bids worth ₹6,072 cr from anchor investors

CPSE ETF receives bids worth ₹6,072 cr from anchor investors

Source: Livemint Mar 20, 2019

CPSE Exchange Traded Fund on Tuesday received bids worth ₹6,072 crore from as many as 16 anchor investors, with the portion getting subscribed nearly 6 times, sources said.

The fifth tranche of the CPSE ETF opened for subscription on Tuesday, wherein the government seeks to raise at least ₹3,500 crore.

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