NSE's big-bang IPO: The big investors looking to sell, and the one that plans to stay on (opens original article in a new tab)

The NSE's IPO will be an offer for sale with major institutional investors planning to sell shares, while LIC may retain its stake. The IPO is expected to value NSE at ₹5.14 trillion, making it significantly larger than BSE.

• NSE's IPO will be an offer for sale (OFS) with institutions selling shares, not NSE issuing fresh shares.
• Major investors like SBI, BoB, CPPIB, and Temasek plan to sell around 10% of their stakes, while LIC may retain its holding.
• The IPO is expected to value NSE at ₹5.14 trillion, making it over three times the size of BSE.