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IPO

NSE IPO jackpot: 10 PSUs could pocket Rs 12,802 crore from stake sale

Economic Times Markets
NSE IPO jackpot: 10 PSUs could pocket Rs 12,802 crore from stake sale
Economic Times Markets

NSE’s IPO could deliver a massive windfall to 10 public-sector shareholders, which together could make a profit of around Rs 12,802 crore by selling their shares at the upper price band of Rs 1,785. State Bank of India stands to gain the most, with a potential profit of nearly Rs 2,849 crore, followed by The New India Assurance Company.

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