Asia's oldest bourse BSE may price shares at up to $12.5 in IPO

Photo: Aniruddha Chowdhury/Mint

BSE Ltd, Asia’s oldest stock exchange, is likely to sell shares in a range of Rs800-850 per share in its initial public offering (IPO), which is expected to hit the markets in the next 30-60 days, said two people aware of the development.

“They have been engaged in several roadshows for a while now and based upon the feedback from these roadshows, the pricing is expected to be in the range of Rs800-850 per share,” said one of the two people, requesting anonymity as the talks are private.

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