Rs 9,300 crore stake! NSE IPO to unlock massive value for billionaire Radhakishan Damani
[hfe_template id='11223']
[ad_1]
Ace investor Radhakishan Shivkishan Damani, often hailed as one of India’s sharpest market minds, stands to gain substantially from his strategic stake in the National Stock Exchange (NSE), which is inching closer to its long-awaited IPO. According to shareholding filed, Damani holds a 1.58% stake in NSE, amounting to 3.91 crore shares. At the latest unlisted market price of Rs 2,389 per share, his stake is valued at a staggering Rs 9,300 crore. It’s important to highlight that it is still unclear whether Damani intends to sell any part of his stake in the forthcoming IPO. This makes NSE his second-largest holding by value—right after Avenue Supermarts (DMart), the retail giant he founded. It places well ahead of other key positions in his portfolio, including Trent (Rs 2,788 crore) and VST Industries (Rs 1,560 crore), underscoring the sheer scale and significance of this financial infrastructure play in his investment arsenal. This inves...