New India Assurance Company, SBI Capital Markets and Other Shareholders Likely to Secure Up to 5,57,712% Gains in NSE IPO

The National Stock Exchange (NSE) is poised for a noteworthy Initial Public Offering (IPO), scheduled from September 17-21, 2026, with its price band set between ₹1,700 and ₹1,785. The focus is on shareholders such as SBI and LIC who stand to gain significantly from this offering. 

Key Shareholders and Their Initial Investment Costs 

Here is the below table where the key shareholders weighted average cost per share, their shares offered for divestment and estimated percentage return are mentioned, as per news reports. 

Note: The estimated return percentage is calculated on the Upper IPO band price of ₹1,785. 

In the NSE IPO, some shareholders are set for substantial returns due to their historically low acquisition costs.  

Notably, The New India Assurance Company and National Insurance Company acquired NSE shares at ₹0.32 each, setting them up for gains of 5,57,700%. Similarly, SBI's shares at ₹0.80 lead to a potential 2,23,025% return. 

Uniting the interest of many, BoB and United India Insurance secured shares at ₹0.54 and ₹0.50, resulting in anticipated returns of 3,30,450% and 3,56,900%, respectively. Other institutional investors include Canada Pension Plan Investment Board and Aranda Investments, with respective acquisition costs of ₹324.13 and ₹62.38. 

Selling Shareholder Gains 

Despite varying acquisition costs, the IPO is a profitable event for all. Stock Holding Corporation of India Limited, acquiring shares at ₹0.46, expects nearly 3,87,950% returns, while General Insurance Corporation, acquiring at ₹5.26, anticipates nearly 33,835% gains. MS Strategic (Mauritius) Limited predicts 2,580% returns from shares acquired at ₹66.54. 

IPO Price Band Details 

The NSE IPO is set for public participation in September 2026, with the offer price band between ₹1,700 and ₹1,785. The IPO allotment is projected for September 22, 2026, with listing expected by September 24, 2026.  

Read More: How to be NSE IPO ready? 

LIC and Its Investment in NSE 

While LIC's acquisition cost isn't specified, it's a principal shareholder, holding 2,65,275,000 shares, equating to 10.72% of NSE's paid-up capital. This portrays a considerable interest and influence in the organisation. 

Conclusion 

The NSE IPO highlights substantial returns for shareholders, with The New India Assurance Company and National Insurance Company attaining the highest gains of 5,57,700% and Canada Pension Plan Investment Board acquiring at the highest rate of ₹324.13 per share. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks. Read all the related documents carefully before investing.