#NSEIPO | National Stock Exchange (NSE) files Draft Red Herring Prospectus (DRHP) for its highly anticipated IPO
🔴NSE IPO DETAILS: Issue to be a 100% Book Built Offer consisting entirely of an Offer for Sale (OFS)
🔴NSE IPO SIZE: Existing shareholders to offload up to 148,905,525 equity shares of ₹1 face value
🔴NO FRESH ISSUE: The NSE public offering will not include any fresh issue of shares
🔴TOP SELLERS: State Bank of India, MS Strategic, and Canada Pension Plan among the top 10 selling shareholders
🔴MAJOR BANKERS: Kotak Mahindra, JM Financial, Morgan Stanley, and Citi appointed as Book Running Lead Managers.
🔴EXCHANGE LISTING: NSE equity shares proposed to be listed on the BSE as the Designated Stock Exchange.