Tuesday, January 03, 2017

NSE IPO worth Rs.10000 Crore coming soon

NSE drafted red hearing prospectus (DRHP) with SEBI for biggest initial public offerings. This will be a Mega IPO of NSE. A 10000 crore IPO will hit the market soon.
NSE IPO dates is not still revealed but it will come up in first of second quarter of 2017. So, one can expect a zoom in NSE volumes. NSE is one of the biggest exchanges around the world. BSE IPO already in the news as they already drafted IPO for Rs.1200 crore. NSE is expected to get around 50-55000 crore valuations from IPO.

NSE IPO size is Rs.10000 crore and will be more than Rs.6000 crore IPO of ICICI Prudential Life Insurance just few months back. It will fall short if we think about Coal India IPO which was around Rs.14475 crore in October 2010.

Life Insurance Corporation has 12.5% Stake in National Stock Exchange while FDI and SE Investment has 5% each. There are some domestic share holders like SBI, SBI Capital, BOB, IFCI and Bajaj Holdings. There are some other shareholders as well so the NSE has good number of share holders with big names in it.

Indian stock market will surely expect some fireworks. IPO market will surely have a great time when NSE IPO will hit the market. NSE IPO price band will be one of the major things to watch. The NSE IPO time and date will matter for primary and secondary market as well.

Stay tuned for NSE IPO. Check NSE IPO DRHP: Click Here

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