The fourth tranche of Bharat-22 exchange traded fund was subscribed nearly 12 times on the final day of offering on Friday, with the issue garnering bids worth ₹23,500 crore.
Through the Bharat-22 ETF, comprising shares of 22 companies, the government had targeted to raise an initial amount of ₹2,000 crore with a green-shoe option to retain additional subscription.