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NSE files DRHP for IPO, may be valued at ₹5 tn on listing

Mint Hyderabad

|

June 18, 2026

to new investors. No fresh equity capital will be issued as part of the transaction.

NSE files DRHP for IPO, may be valued at ₹5 tn on listing

to new investors. No fresh equity capital will be issued as part of the transaction.

Proceeds from the transaction will go entirely to the selling shareholders, which include State Bank of India, Canada Pension Plan Investment Board, affiliates of Morgan Stanley, Temasek, Bank of Baroda, Stock Holding Corp. of India, General Insurance Corp. of India, The New India Assurance Co., National Insurance Co. and United India Insurance Co.

As per the DRHP, SBI is the largest selling shareholder, offering up to 24.75 million shares. Morgan Stanley’s MS Strategic (Mauritius) Ltd is offering up to 16 million of its own shares, while the Canada Pension Plan Investment Board is set to sell up to 11.87 million shares in the IPO.

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