LIC, Morgan Stanley, Goldman Sachs Among Anchor Investors as NSE Raises Rs 6,746 Crore Ahead of IPO
- The National Stock Exchange of India raised Rs 6,746.18 crore from anchor investors before its initial public offering by allotting 3.78 crore shares at Rs 1,785 each.
- Key anchor investors include Life Insurance Corporation of India with Rs 450.30 crore, Government Pension Fund Global with Rs 249.99 crore, and Abu Dhabi Investment Authority with Rs 199.99 crore.
- Foreign institutional investors accounted for 43% of the anchor book, while domestic mutual funds made up about 37%, reflecting strong foreign and domestic investor interest.
12 Articles
12 Articles
NSE Mobilises Rs 6,746 Crore from Anchor Investors Ahead of IPO; LIC Gets Largest Allocation
Get latest articles and stories on Business at LatestLY. National Stock Exchange of India Limited (NSE) has raised about Rs 6,746 crore from anchor investors ahead of its initial public offering (IPO), with Life Insurance Corporation of India (LIC), Government Pension Fund Global, Monetary Authority of Singapore and several domestic and overseas institutional investors participating in the anchor book. Business News | NSE Mobilises Rs 6,746 Cror…
NSE allocates 37.8 million shares worth Rs 6,746 crore to anchor investors
NSE allocated 37.79 million shares at Rs 1,785 each to anchor investors, raising Rs 6,746 crores ahead of its IPO. Strong demand with Rs 1.2 lakh crore bids highlights significant growth potential.
India's NSE allots around $703 million worth of shares to anchor investors, sources say
India's NSE allots shares worth $703 million to anchor investors; LIC top bidder
The IPO by India's largest bourse is entirely an offer for sale by existing shareholders, with NSE receiving no proceeds. The public issue opens for subscription on Thursday and closes on Monday
NSE IPO: Anchor book gets ₹6,745 crore from 100-plus investors; LIC, Norges Bank, ADIA among key buyers: Report
The National Stock Exchange of India allocated shares worth ₹6,745 crore to over 100 anchor investors ahead of its IPO. Major investors included LIC, Norges Bank, ADIA, and Fidelity.
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