The MCX IPO, the first ever by an Indian stock exchange, was subscribed by almost 91 per cent on day one.

Investors submitted bids for 49,87,794 shares out of the total issue size of 55,00,772. While 13,83,408 shares were bought on the BSE, 36,04,386 shares were bought on the NSE.

On the NSE, retail investors subscribed to 89 per cent of the shares allocated to them, buying a total of 19,18,908 shares on Wednesday.

MCX had proposed to sell 64,27,378 equity shares in a price band of Rs 860-1,032 a share. Out of this, 9,26,606 shares were allocated to anchor investors on Tuesday..

A total of 2.5 lakh shares have been reserved for eligible employees.

Lead managers

Edelweiss Financial Services, Citigroup Global Markets India Private Ltd and Morgan Stanley India are the booking running lead managers of the share sale.

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