- 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.
The National Stock Exchange (NSE) is the country's largest stock exchange, and currently, Mauritian entities are involved in the IPO as selling shareholders.
1 report, 1 independent
Updated Jun 18
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What happened
The National Stock Exchange (NSE) is the country's largest stock exchange, and currently, Mauritian entities are involved in the IPO as selling shareholders.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- State Bank of India is selling and holding shares in the NSE IPO, involving Mauritius.Sub-event
IPO of NSE underway via OFS; SBI and Mauritian entities are major selling shareholders.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.
- Life Insurance Corporation of India remains NSE's largest shareholder while planning to divest shares in the ongoing NSE IPO.
- 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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Mauritius
island sovereign state off of East Africa in the Indian Ocean
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State Bank of India
Indian public sector bank and financial services organization
Related events
- India's National Stock Exchange (NSE) is attracting international investors, including Morgan Stanley and Singapore's Temasek, while aiming to become a top global bourse.
- The ownership structure of the National Stock Exchange (NSE) was detailed, showing LIC as the largest shareholder and listing stakes held by SBI and SHCIL.
- State Bank of India is selling a 1% stake in the NSE through sovereign wealth fund bids, utilizing pension and mutual funds.