- 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.
State-owned insurers General Insurance Corporation of India and New India Assurance Company Ltd are participating in the NSE IPO.
9 reports, 3 independent
Updated Sep 13
Gone quiet
Reached 2 outlets in its first 24 hours
- Reports
- 9
- Developments
- 4
- Repetition
- 67%
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
State-owned insurers General Insurance Corporation of India and New India Assurance Company Ltd are participating in the NSE IPO.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- New India Assurance benefits from the potential valuation of the NSE IPO.Sub-event
New India Assurance joins the NSE IPO as a major seller and foreign capital contributor.1 source
SBI and GIC confirmed as part of the investment bank consortium for the NSE IPO.1 source
GIC and SBI are state-owned insurers involved in the NSE IPO.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.
- GIC contributed to market divestment and Bank of Baroda participated in a market debut in India.
The entities involved
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General Insurance Corporation of India
reinsurance company in the Indian insurance market
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State Bank of India
Indian public sector bank and financial services organization
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New India Assurance
public sector general insurance company based in Mumbai, India
Nothing else this week.
Related events
Coverage
Newest first; wire copies grouped- livemint.com
- livemint.com
- indiatimes.com
- indiatimes.com
- indiatimes.com
- indiatimes.com
- moneycontrol.com