Temasek Holdings and Life Insurance Corporation of India are poised to be major sellers in the National Stock Exchange of India’s potential $2.5 billion IPO. State Bank of India and SBI Capital Markets are also expected to participate in the offering, which will consist of existing shareholders selling 4% to 4.5% of the company’s equity.
NSE investor accounts cross 26 crore milestone as mobile trading and tier-2/3 cities drive participation
NSE said in a press release that over 4.3 crore accounts, nearly 17% of the total, have been added in the past year alone, reflecting