From Rs 2 crore to Rs 5,000 crore: NSE IPO set to deliver windfall for SBI and early backers
India's largest lender could turn a Rs 1.98 crore investment into shares worth nearly Rs 4,950 crore if NSE's IPO is priced at Rs 2,000 apiece, close to the price commanded by NSE ...
News Desk
Staff Writer
Published
Jun 18, 2026
Source
Moneycontrol.com
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AI Insight:India's largest lender, SBI, may reap a massive profit from NSE's upcoming IPO.
India's largest lender, the State Bank of India (SBI), could potentially turn a modest investment of Rs 1.98 crore into a staggering Rs 4,950 crore worth of shares if the National Stock Exchange's (NSE) initial public offering (IPO) is priced at Rs 2,000 apiece, a price point that is reportedly close to the valuation commanded by the exchange. The NSE IPO, which is expected to be one of the largest in India's history, has generated significant interest among investors, with the exchange seeking to raise up to Rs 10,000 crore through the issue. The potential windfall for SBI and other early backers of the NSE, who have invested in the exchange over the years, is a testament to the NSE's growth and success as a leading stock exchange in India. As the NSE prepares to list its shares on the market, investors and analysts will be closely watching the IPO's pricing and the subsequent performance of the listed shares, which could have significant implications for the Indian capital markets and the broader economy.