NSE IPO: खत्म हो रहा 10 साल का इंतजार, NSE आईपीओ से कौन-कौन होगा मालामाल? – NSE IPO filing could unlock big profit for SBI Temasek other top investors tutc
India’s largest stock exchange, National Stock Exchange i.e. NSE, has submitted the draft papers for its initial public offering (NSE IPO) to the market regulator SEBI last Wednesday. With this happening, the long wait of the last 10 years seems to be over, because the listing process to make it public was first started in the year 2016, but due to various reasons, it kept failing again and again.
of NSE IPO And its listing can prove to be a milestone not only for the exchange but also for the biggest investors who have been waiting for a long time to unlock the value of their holdings in it.
They will get the biggest benefit
According to a Reuters report, top shareholders may get a windfall profit of about Rs 25,000 crore by participating in the share sale from NSE IPO. Among these, State Bank of India (SBI), Singapore-based Temasek and Canada Pension Plan Investment Board can be the biggest beneficiaries. It is expected that NSE’s IPO will be India’s biggest issue till date.
The price band can be this much!
The size of NSE IPO is expected to be around Rs 30000 crore. Reuters report quoted sources as saying that the IPO price band could be set at around Rs 1,900 per share, which would be a discount of 5% to 10% compared to its current price in the unlisted market. At high level the valuation of the exchange will increase to around $57 billion.
It took a whole decade like this
of National Stock Exchange share market It has taken almost 10 years for the debut. NSE’s IPO journey has proved to be one of the longest journeys in the corporate history of India. Papers for IPO were first submitted in 2016, but the plan was derailed every time due to regulatory scrutiny, legal disputes and NSE co-location case.
Apart from this, Bombay Stock Exchange became public in the year 2017 itself. However, the wait seemed to end in 2026 and NSE again submitted the draft papers to the market regulator.
Who estimates how much benefit?
SBI seems to be the most profitable. According to Reuters, estimates based on DRHP suggest that SBI can earn about Rs 4,700 crore from the sale of a part of its stake in the exchange. Other major beneficiaries include Morgan Stanley’s Mauritius-based fund MS Strategic, which could make profits of about Rs 2,934 crore.
Singapore’s sovereign wealth fund Temasek may gain about Rs 2,067 crore from share sale through its Aranda Investment arm. Whereas Canada Pension Plan Investment Board (CPPIB), can earn about Rs 1,871 crore. Overall, the top-10 stakeholders participating in this offering can jointly earn around $2.6 billion (about more than Rs 25,000 crore).
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