SBI Capital Markets to sell up to 8.78 million NSE shares in IPO - Moneycontrol.com
11 August 2026
SBI Capital Markets has joined the NSE IPO as a selling shareholder and will offer up to 8.78 million shares, without changing the overall issue size.
SBI Capital Markets Ltd (SBICAPS) has joined the group of selling shareholders of the National Stock Exchange of India (NSE). SBICAPS will sell up to 8.78 million NSE shares as part of the exchange’s proposed initial public offering (IPO), according to an addendum to NSE’s draft red herring prospectus (DRHP).
Previously, only State Bank of India (SBI) was selling up to 24.75 million shares. Now, the same number of shares will be split between two SBI group entities. SBI will offer up to 15.97 million NSE shares, while SBICAPS will sell up to 8.78 million shares. The overall issue size will remain unchanged.
The development was disclosed in NSE’s notice to investors, which updates its DRHP dated June 17, 2026.
SBICAPS is also one of the book-running lead managers to the NSE IPO. The filing said its ...