NSE Files Papers For INR 10,000 Crore IPO
Thursday, December 29, 2016, 10:39 AM
The National Stock Exchange NSE, filed a draft prospectus with market regulator Securities Exchange Board of India (SEBI), for its initial public offering (IPO), with an estimated size of over INR 10,000 crores. The IPO will see a sale of over 11 crore equity scripts. This is 22.5% of total shares outstanding, which existing shareholders sell, through the OFS route.