The NSE IPO is a pure offer-for-sale of 149 million equity shares by investors led by State Bank of India, even as largest shareholder LIC abstains.
National Stock Exchange (NSE) has filed its Draft Red Herring Prospectus for an initial public offering aiming to raise ₹30,000 crore. The exchange targets a massive ₹5 trillion valuation upon its listing. This IPO is structured as a pure offer-for-sale of 149 million equity…
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