_1777294237270_124456903.png&w=48&q=75){kind=small}
India's stock exchange seeks $55B valuation
The Indian National Stock Exchange aims to raise up to $55 billion through an initial public offering, with shares priced between 2,000 and 2,100 rupees each. It plans to sell approximately 6% of its current ownership stake held by existing shareholders, which will raise around 315 billion rupees (about $3.15 billion), making it the largest IPO in India to date. The offering is expected to be launched in the second half of September after all procedures are completed, positioning it as the sixth largest stock exchange in the world by market value, surpassing Nasdaq and nearing the London Stock Exchange group.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)