Where will the money from NSE’s ₹30,000-crore IPO go?
The upcoming NSE IPO, valued at roughly ₹30,000 crore, consists solely of an offer for sale involving 14.89 crore equity shares. Because of this, the exchange will not be generating new capital; instead, the entire amount will be distributed to current institutional investors. Key shareholders participating in the sale include SBI, Bank of Baroda, Aranda Investments (Mauritius), MS Strategic (Mauritius), and the Canada Pension Plan Investment Board. Additionally, various public-sector insurance firms are set to offload their holdings.
by shortkt.com✓