BSE Limited IPO: Should you subscribe?

Here is a quick compilation of what the leading brokerages across the country suggest

The initial public offer of Bombay Stock Exchange (BSE) Limited, or BSE Limited, opens today for subscription. The exchange aims to raise up to Rs 1,243 crore from the IPO, which is priced at Rs 805 – 806 apiece. The shareholders will sell 15.43 million shares, estimated to be around Rs 1,243.44 crore at the higher end of the price band. 

Bids for the issue can be made for a minimum of 18 shares and in multiples of 18 thereafter. Since rules do not permit self-listing, the stock will