NSE IPO: Ahead of mega Rs.30k cr issue, should you buy SBI, Bank of Baroda shares? What investors should do?
NSE IPO, Sept. 5 -- After a nearly decade-long wait, the initial public offering (IPO) of the National Stock Exchange (NSE) has finally received approval from the market regulator, SEBI, to launch the much-awaited NSE IPO. According to the NSE IPO DRHP, available on the SEBI website, there are four selling shareholders, who are listed in the Indian stock market.
Those four listed entities are State Bank of India (SBI), Bank of Baroda (BoB), General Insurance Corporation of India, and The New India Assurance Company Ltd. Ahead of the SEBI's nod to the NSE IPO, shares of the New India Assurance Company skyrocketed over 18% on Friday, whereas SBI and BoB shares ended lower on Friday. General Insurance Corporation of India shares edged highe...
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