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MUMBAI, June 18, 2026, 19:46 IST State Bank of India is looking to turn a ₹1.98 crore investment into as much as ₹5,000 crore as the National Stock Exchange of India heads for an IPO. SBI’s selling up to 24.75 million shares it picked up at an average price of ₹0.80 each. Unlisted-market trading puts the latest price at ₹2,055 a share, which would put SBI’s holding at about ₹5,086 crore before taxes and fees. NSE has finally filed its draft red herring prospectus, looking to list nearly ten years after it first tried. The exchange started the process back

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