Indian Energy Exchange shares slip 9% on stock market debut

Indian Energy Exchange shares slip 9% on stock market debut

The building of the Bombay Stock Exchange in Mumbai. Credit: Wikimedia Commons

Shares of Indian Energy Exchange Ltd’s (IEX) debuted 9.09% lower on the bourses on Monday, even after the country’s largest energy exchange saw its Rs1,000-crore initial public offer (IPO) subscribe 2.28 times earlier this month.

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