NSE plans IPO with valuation up to ₹5.26 trillion
after close1 source ↓written by the desknot a recommendation
- potentially valued
- ₹5.26 trillion
- per share
- ₹2,000-2,100
- existing shareholders selling
- 148.9 million shares
- of the company
- 6%
India’s National Stock Exchange is preparing for an IPO potentially valued at ₹5.26 trillion. The exchange is considering a price range of ₹2,000-2,100 per share, with a launch expected in the second half of September. This fully secondary offering will involve existing shareholders selling 148.9 million shares, approximately 6% of the company, without raising new funds for NSE itself.
This IPO is significant for the market as it reflects investor sentiment towards the exchange's existing value rather than new growth prospects. 📈
Not investment advice. For informational purposes only.