Business & Finance
India’s Largest Bourse NSE Files Draft Papers for Landmark IPO
Key Points
Deals India’s Largest Bourse NSE Files Draft Papers for Landmark IPO National Stock Exchange of India Ltd., the operator of the world’s busiest derivatives market, has filed draft documents for what’s on track to be one of the largest initial public offerings in India’s history. The listing will consist entirely of existing stock, with as many as 148.9 million shares on offer, representing about 6% of the company’s stock, according to the filing. Shareholders selling stock include State Bank...
Deals
India’s Largest Bourse NSE Files Draft Papers for Landmark IPO
National Stock Exchange of India Ltd., the operator of the world’s busiest derivatives market, has filed draft documents for what’s on track to be one of the largest initial public offerings in India’s history.
The listing will consist entirely of existing stock, with as many as 148.9 million shares on offer, representing about 6% of the company’s stock, according to the filing. Shareholders selling stock include State Bank of India, General Insurance Corp of India and Canada Pension Plan Investment Board, the filing showed. The IPO will not include any new shares.