Bharat-22 ETF oversubscribed, receives bids worth Rs 15,436 cr

Bharat-22 ETF oversubscribed, receives bids worth Rs 15,436 cr Subscription has come in for 2.57 times of the base issue size of Rs 6,000 crore. The total bids that has come in is for Rs 15,436 crore and 1.2 lakh applications have come in, ICICI Prudential Mutual Fund, which is managing the follow-on fund offer (FFO) of Bharat-22 ETF, said in a statement today.

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