NSE shareholders to sell over 4% stake in ₹23,000 cr IPO: Report

NSE shareholders will divest over 4% of their shares, and both PSU and private shareholders agreed to participate in the offer-for-sale, TOI reported. LIC, SBI and SBI's arms, which together own over 18% in NSE, backed the decision. NSE is in the process of finalising its offer document for IPO that could be worth an estimated ₹23,000 crore, report added.