Times Now · WorldNews · 2026-09-07
NSE IPO Gets SEBI Nod: How State-Run Insurers Could Gain Rs 7,200 Crore
Five public sector insurance companies could collectively generate gains of around Rs 7,200 crore by selling 40 million shares of the National Stock Exchange (NSE) through its proposed initial public offering, according to the exchange’s draft prospectus. The estimate is based on an assumed IPO valuation of Rs 1,800 per NSE share. The final benefit for the insurers, however, will depend on the offer price eventually determined for the issue.
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