NSE plans ₹30,000 crore IPO for September listing
after close1 source ↓written by the desknot a recommendation
- in September
- ₹30,000 crore IPO
- a valuation exceeding
- ₹5 lakh crore
- shareholders selling approximately
- 14.89 crore shares
- planning to sell
- 2.48 crore shares
- offering
- 1.19 crore shares
The National Stock Exchange (NSE) is set to launch a ₹30,000 crore IPO in September, aiming for a valuation exceeding ₹5 lakh crore. The offering will be an Offer for Sale, with existing shareholders selling approximately 14.89 crore shares. Key stakeholders include SBI, planning to sell 2.48 crore shares, and CPPIB, offering 1.19 crore shares.
This IPO marks a significant step for NSE as it enters public markets after a long journey, potentially reshaping investor sentiment in the sector.
Not investment advice. For informational purposes only.