Business
NSE Public Issue Set to Bring Big Gains for Ten Government Owners
Reported by Ananya Das (Senior Writer) · Economic Times - Markets ·
Representative image · Wikimedia CommonsTen government-owned shareholders are set to make a profit of roughly 12,802 crore rupees by selling their shares through the upcoming public share offering of the National Stock Exchange. This financial gain is calculated using the highest price limit of 1,785 rupees for the share sale.
Top Gainers
State Bank of India is positioned to get the largest share of this money, with an expected profit close to 2,849 crore rupees. The New India Assurance Company follows right behind as one of the major state-backed entities expecting a strong payout from the share listing.
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