- 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.
Life Insurance Corporation of India remains NSE's largest shareholder while planning to divest shares in the ongoing NSE IPO.
4 reports, 4 independent
Updated Jun 1
Gone quiet
Reached 4 outlets in its first 24 hours
- Reports
- 4
- Developments
- 2
- Repetition
- 50%
New informationRepeats or wire copies
AI-generated analysis. Brind wrote this summary from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
Life Insurance Corporation of India remains NSE's largest shareholder while planning to divest shares in the ongoing NSE IPO.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.LIC is the largest shareholder and is planning divestment in the NSE IPO.1 source
LIC holds 10.72% and 3.23% stakes in NSE pre-offer equity.1 source
Keep 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.
- The National Stock Exchange (NSE) is the country's largest stock exchange, and currently, Mauritian entities are involved in the IPO as selling shareholders.
- 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
-
Life Insurance Corporation of India
Indian state-owned insurance group and investment company
Nothing else this week.
-
Securities and Exchange Board of India
registration authority
-
State Bank of India
Indian public sector bank and financial services organization