Dozens of investors including public sector banks and insurers are positioned to benefit from the upcoming National Stock Exchange IPO. State Bank of India alone anticipates proceeds exceeding ₹5,000 crore.
Public sector banks and insurers hold stakes in the National Stock Exchange dating back to the 1990s. These early investors are expected to realize significant returns once the IPO proceeds.
SBI stands out among the beneficiaries with projected gains surpassing ₹5,000 crore. Other institutions such as Bank of Baroda, Life Insurance Corporation of India and General Insurance Corporation of India are also set to profit.
The IPO remains scheduled as an upcoming event with no confirmed date announced in available reports.