Soach Global to partially exit NSE after decade-long investment

Soach Global is selling 20% of its decade-old stake in the National Stock Exchange of India through the exchange’s IPO, in a partial exit that could fetch about Rs 280-295 crore. The fund will retain the remaining 80% of its holding, which was originally acquired in 2016 and has since risen sharply in value following corporate actions. The IPO is an offer for sale, meaning existing shareholders are selling their holdings and NSE itself is not raising fresh capital.