NSE’s biggest bull bets bigger: LIC’s 10.72% stake gets Rs 450 crore anchor boost
NSE moved higher in an ipo & listings development.
· Economic Times Markets
LIC, NSE’s largest shareholder with a 10.72% stake, received shares worth about Rs 450 crore in the exchange’s anchor allocation ahead of its IPO. NSE raised Rs 6,746 crore from 189 investors at Rs 1,785 per share.
The analysis
NSE reported Rs 450 crore, Rs 6,746 crore and Rs 1,785, with movement of 10.72% attached to those lines. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.
Why it matters
- Listing activity is a read on risk appetite — a hot primary market usually means a confident secondary one.
- With NSE involved, this carries a regulatory dimension that can outlast the immediate market reaction.
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