NSE IPO: Here’s how much SBI, BoB and other shareholders will make by trimming their stake

The National Stock Exchange on Friday announced the price band for its ₹22,000 crore-plus Initial Public Offering, where it plans on selling shares between ₹1,700 – ₹1,785 apiece. SBI, Bank of Baroda, SBI Capital markets, New India Assurance, General Insurance Corporation, Stockholding Corporation of India, among others are classified as the selling shareholders in this IPO. Here’s a look at the selling shareholders in detail and how much will they earn by trimming their stake in India’s second-largest IPO in history.

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