- The National Stock Exchange of India is filing an IPO, with Morgan Stanley acting as the book-running lead manager.
- NSE is conducting a mega IPO via OFS, with GIC and SBI selling stakes, and SEBI reviewing the filing.
GIC contributed to market divestment and Bank of Baroda participated in a market debut in India.
2 reports, 2 independent
Updated Jun 18
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What happened
GIC contributed to market divestment and Bank of Baroda participated in a market debut in India.
Who's involved
What this event is mainly aboutKeep exploring
Part of
NSE is conducting a mega IPO via OFS, with GIC and SBI selling stakes, and SEBI reviewing the filing.Also in this story
- State Bank of India, General Insurance Corporation of India, and Bank of Baroda are selling shares in an NSE IPO.
- NSE filed a Draft Red Herring Prospectus (DRHP) with SEBI, while IDBI Capital commented on the exchange's market standing.
- State-owned insurers General Insurance Corporation of India and New India Assurance Company Ltd are participating in the NSE IPO.
- Several financial institutions, including IDBI Bank, State Bank of India, SBI Capital Markets, Bank of Baroda, and investor Radhakishan Damani, hold shares in the NSE.
The entities involved
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General Insurance Corporation of India
reinsurance company in the Indian insurance market
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Bank of Baroda
Indian public sector multinational banking company