NSE IPO: SBI, Bank of Baroda among top sellers in OFS, set for multibagger gains; LIC stays put (opens original article in a new tab)

SBI and other major institutional investors are selling shares in NSE's OFS IPO, which could raise ₹30,000 crore, making it India's largest public issue. LIC will not sell any shares.

• SBI is the largest seller in NSE IPO's OFS, selling 2.48 crore shares with acquisition cost of ₹0.80 per share.
• Several state-owned banks and institutions are top sellers, while LIC retains its stake.
• NSE IPO could raise ₹30,000 crore, making it the largest public issue in India's history.