How do I apply for the NFO of Bharat 22 ETF?

[Bhuvan]

@btr

Can someone explain how the pricing of Bharat 22 etf will be decided?

Will it be at 3 percent discount to today’s index price or listing day’s price?

Check this post

How is the discount for Bharat 22 NFO calculated?

I was reading this Bharat 22 ETF post and read that there is a discount of 3% for retail investors and this is calculated based on the Reference Market Price of the underlying. Does this mean 3% discount on the NAV or is there is a different way of calculating this?