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SBI's 80 paise masterstroke: How NSE IPO could deliver Rs 2,850 crore jackpot and 2,23,025% return
SBI is set to potentially book a massive profit from the NSE IPO by selling up to 1.60 crore shares acquired at a weighted-average cost of just 80 paise each. At the upper price band of Rs 1,785, the stake sale could fetch around Rs 2,850 crore, implying a staggering 223,025% return.
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economictimes.indiatimes.com
NSE cuts IPO price range, giving up shot at India’s top listing
National Stock Exchange of India is likely to price its long-awaited IPO at Rs 1,700-1,785 a share, below its earlier range of Rs 2,000-2,100. The exchange may also reduce the…
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thehindubusinessline.com
NSE IPO price likely at ₹1,700-₹1,785 a share: Bloomberg
NSE may price its IPO at ₹1,700-₹1,785 a share and reduce the stake offered to about 5.5% from the planned 6%, Bloomberg reported.
