NSE’s India IPO May Deliver 6,400-Fold Return for Early Backers

The National Stock Exchange of India Ltd.’s planned initial public offering is set to unlock the value of long-term investments for a group of backers including Morgan Stanley, Temasek Holdings...

By Rajesh Mascarenhas, Ashutosh Joshi · Bloomberg Markets

The National Stock Exchange of India Ltd.’s planned initial public offering is set to unlock the value of long-term investments for a group of backers including Morgan Stanley, Temasek Holdings Pte. and State Bank of India.