India: The rush of exits in BSE’s IPO might put off new investors?

India: The rush of exits in BSE’s IPO might put off new investors?

Photo: Aniruddha Chowdhury/Mint

Seven of BSE Ltd’s top 10 shareholders are selling large chunks of their stake in the exchange’s initial public offering (IPO). Three of them, including Singapore Exchange (SGX), are selling their entire holding, while the remaining are selling 40-50% of their holding.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter