NSE IPO set to create windfall for LIC, SBI, Radhakishan Damani, other key shareholders (opens original article in a new tab)

NSE's IPO is set to create windfall gains for major shareholders like LIC and SBI, with an estimated ₹30,000 crore offering structured as an Offer for Sale.

• NSE's IPO is set to unlock significant shareholder value with an estimated ₹30,000 crore offering.
• Major stakeholders include LIC, SBI, and Radhakishan Damani, with LIC holding 10.72% of pre-offer equity.
• The IPO will be structured as an Offer for Sale (OFS) without creating new shares or raising funds for the exchange.