IPO involving State Bank of India and Singaporean company unlocks value for long-term investments.

The entities involved

• State Bank of India →

  Indian public sector bank and financial services organization

  • Morgan Stanley, Bank of Baroda, and State Bank of India are selling shares in the NSE public offering.Mon 16:42
  • Government directs public sector banks to remain open, and RBI grants approval for full operational status.Mon 00:37
• Singapore →

  sovereign island country and city-state in maritime Southeast Asia

  • The Parliamentary Budget Officer notes that separating capital expenditure (capex) and operational expenditure (opex) is a common practice.Mon 17:41
  • Bird species typically found in Java.Mon 17:13
• New India Assurance →

  public sector general insurance company based in Mumbai, India

  Nothing else this week.

Related events

• New India Assurance benefits from the potential valuation of the NSE IPO.Sep 2
• Cuprina Holdings conducted an IPO on Nasdaq, filing offering terms with the SEC, and is based in Singapore.Sep 16
• State Bank of India is selling and holding shares in the NSE IPO, involving Mauritius.Sep 5
• Major institutional investors, including HSBC, Norges Bank, and Singapore's SWF, participated in the NSE IPO.Sep 22
• State Bank of India, General Insurance Corporation of India, and Bank of Baroda are selling shares in an NSE IPO.Aug 11