Sale of 76,90,375 NSE Shares in IPO Offer for Sale for Rs.1,372.35 crores
The Bank has sold 76,90,375 equity shares of National Stock Exchange of India Ltd (NSE) through the Offer for Sale route in NSE's Initial Public Offer.
By ScoutQuest · · 1 min read
- Shares Sold
- 76,90,375 equity shares of NSE
- Gross Consideration
- Rs.1,372.35 crores
- Transaction Type
- Offer for Sale in NSE's Initial Public Offer
- Earlier Intimation Date
- 08th September 2026
What was announced
The Bank informed the exchanges that it has sold 76,90,375 equity shares of National Stock Exchange of India Limited (NSE) through an Offer for Sale in NSE's Initial Public Offer.
Consideration
- Gross consideration received: Rs.1,372.35 crores
Background
- The Bank had earlier intimated the exchanges on 08th September 2026 about the proposed sale of NSE shares in the IPO.
- An Offer for Sale means existing shareholders sell part of their holding in the IPO; the money goes to the selling shareholder, not to NSE.
How investors may read it
Monetising a long-held stake in an unlisted entity converts that investment into cash for the Bank. The sale is a one-time transaction and the reported gross consideration is before taxes and related costs.
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More numbers
- NSE equity shares sold76,90,375 equity shares
- Gross considerationRs.1,372.35 crores
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