allotment of CPSE ETF FFO 6 will happen within 5 working days NFO closure. so allotmemt will be on friday Allotmemt price 20.79 3% discount 20.79 -.06237= 20.1663. 200000/20.1663=9917 quantity
Retail 1.45 Pension fund 1.50 Hni and qib 7 times The government on Monday said Rs 8,000 crore Bharat 22 Electronic Traded Fund (ETF) has been subscribed by four times, following which it has raised the issue size to Rs 14,500 crore. Government will retain part of oversubscribed portion to satisfy retail as well as pension funds. 6500/- extra fund given to retail & pension funds .
so allotmemt will be on friday
Allotmemt price 20.79
3% discount 20.79 -.06237= 20.1663.
200000/20.1663=9917 quantity