NSE IPO price range cut to 1,700-1,785 rupees, below prior guidance

The National Stock Exchange of India has lowered its IPO price range to 1,700-1,785 rupees per share from the earlier 2,000-2,100 rupees, per sources. The cut suggests softer demand or a valuation reset ahead of listing. This is a significant development for Indian capital markets, potentially signaling investor caution toward high-profile listings.