NSE IPO: State Bank of India (SBI) is the largest shareholder participating in the OFS of NSE IPO. SBI will sell up to 2.48 crore NSE shares. According to the DRHP, SBI’s weighted average acquisition cost for these shares is merely ₹0.80 per share.
State Bank of India (SBI) is leading the Offer For Sale (OFS) in the NSE IPO, planning to sell up to 2.48 crore shares. With an incredibly low acquisition cost of just ₹0.80 per share, SBI is set to realize substantial multibagger gains. Bank of Baroda is also participating,…
Market Samachar is a news aggregator. This article was originally published by mint - markets. Tap the button above to read the full story on their site.