Dozens of investors, including public sector banks and insurers, are poised for substantial gains from the upcoming National Stock Exchange IPO. SBI alone expects to rake in over ₹5,000 crore. Other funds and institutions, with stakes dating back to the 90s, are also set to receive significant returns.
ICICI Prudential AMC shares fall 2% as IPO lock-in expiry frees up Rs 1.2 lakh crore stake for trade
ICICI Prudential AMC shares dropped 2% to Rs 513 as 34.4 crore shares became eligible for trade post IPO lock-in expiry. The company’s stock has