NSE IPO Buzz: NIACL zooms 14%, LIC and other stakeholders gain after DRHP filing – Check full LIST – Markets

NSE IPO Buzz: NIACL zooms 14%, LIC and other stakeholders gain after DRHP filing - Check full LIST - Markets


The IPO is entirely an Offer for Sale (OFS) of up to 14.89 crore equity shares, representing nearly 6 per cent of NSE’s paid-up capital. The issue is expected to be one of India’s largest, with an estimated size of around Rs 30,000 crore.

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  • LIC (largest shareholder with 10.72 per cent stake) is not selling any shares in the offer.
  • Other shareholders including NIACL, GIC Re, SBI, Bank of Baroda, and others are participating in the OFS, unlocking value for these institutions.
  • Stock reactions

  • The country’s largest stock exchange on Wednesday filed its draft papers with market regulator Sebi for its mega-IPO, estimated at around Rs 30,000 crore. The offering, which will be entirely an Offer for Sale (OFS), is set to become the largest public issue in Indian stock market history.

  • At the estimated size, the NSE share-sale will surpass the Rs 27,870 crore IPO of Hyundai Motor India, which was launched in October 2024 and currently holds the record of the biggest IPO in the country.



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