NSE likely to target ₹30,000 crore via IPO at ₹5 lakh crore valuation
According to a CNBC-TV18 report, the NSE IPO is expected to generate ₹30,000 crore through a 6% stake sale, valuing the exchange at approximately ₹5 lakh crore. SEBI has already given its clearance for the public offering. The NSE is anticipated to reveal its price band on September 11, with plans to list on the stock exchange by September 25. The shareholders offloading their stakes include investment banks, private equity firms, and public sector companies.
by shortkt.com✓