NSE IPO will not be of ₹30000 cr? Why reduced OFS could bring down the overall issue size

The NSE may reduce its IPO size from ₹30,000 crore to ₹25,000-27,000 crore due to existing shareholders' intent to hold shares for better value. The IPO opens for subscription on September 18, with a price range of ₹1,700-1,785 per share.