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The Economic Times
The Economic Times
Akash Podishetti

LIC won’t sell stake in NSE IPO OFS, betting on exchange's long-term potential

NSE LIC IPO India Life Insurance Corporation of India the National Stock Exchange Insurance

Life Insurance Corporation of India (LIC) will not be selling any part of its stake in the National Stock Exchange (NSE) as part of the exchange's initial public offering, choosing instead to hold on to one of the most valuable holdings in its portfolio as NSE moves towards a public listing.

LIC holds a 10.7% stake in NSE, translating into about 26.5 crore shares. The holding is significant enough that, despite NSE being an unlisted entity, it ranks among LIC's top six most valuable investments as of the March 2025 quarter.

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