News From Press Sixth tranche of CPSE ETF subscribed over two times

Sixth tranche of CPSE ETF subscribed over two times

The issue opened for subscription by institutional investors on Thursday and received bids for over Rs 19,000 crore.

Business Line Jul 20, 2019

The sixth tranche of CPSE ETF has been subscribed over two times, with institutional and retail investors together putting in bids worth about Rs 25,000 crore so far. The government is looking to raise up to Rs 10,000 crore through the follow-on fund offer (FFO) of CPSE Exchange Traded Fund (ETF).

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