Just saw the news about the upcoming NSE IPO and honestly,the numbers being thrown around are just wild . State Bank of India is about to make some serious money from this .
So SBI is apparently planning to sell about 2.47 crore shares,and they are projected to make around ₹4,950 crore from it . This is one of the biggest institutional investment wins I have ever heard of in Indian markets .
But the truly insane part is how they got here . SBI's weighted average acquisition cost was just 80 paise per share . 80 paise! That's not even a full rupee. Just shows the power of getting in early and holding for long time .
And tbh,it’s not just SBI making bank .
Lots of other big global players are also set to gain lot . A Mauritius-based company MS Strategic is looking at ₹3,200 crore . Then you have the Canadian Pension Plan Investment Board (CPPIB) which could get ₹2,375 crore,and Aranda Investments with a projected ₹2,250 crore .
Few things standing out here:
- SBI to sell 2.47 crore shares — expected to generate ₹4,950 crore from IPO .
- Low acquisition cost of 80 paise — reflects decades of value creation by NSE.
- Top 10 shareholders projected to earn ₹24,000 crore — showcasing successful long-term investments .
And it’s not just foreign funds . Our own domestic institutions who were early investors are also getting a huge payday. Bank of Baroda and Stock Holding Corporation of India,who both bought shares at prices below ₹1,are now looking at unlocking more than ₹2,100 crore each.
Even public sector insurance companies like General Insurance Corporation of India (GIC Re) and New India Assurance are in line for massive profits of over ₹2,100 crore each . Everyone is winning .
What's interesting though is that not everyone is cashing out . Life Insurance Corporation of India (LIC) has a 10.72% stake and they have decided not to sell anything in this offer . Guess they see even more growth coming in future.
The top ten selling shareholders are expected to make almost ₹24,000 crore combined,based on NSE's unlisted valuation of ₹5 lakh crore . It’s just hard to wrap your head around that kind of money being made from one single event… makes you wonder what other hidden gems are out there.
