Bank of Baroda sells NSE shares worth Rs 1,372 cr via NSE IPO

Ownership Changes View source PDF Explain this filing

BANKBARODA · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+0.4%Reaction day

₹234.30

prior close

₹234.55

announcement price

After-mkt

timing

Nifty 100market+0.4%+0.0% vs market

Public Sector Bank peers, median of 11sector+0.1%+0.3% vs sector

On the reaction day the stock moved in line with Nifty 100 and 0.3 pts more than its Public Sector Bank peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.3

10m

+0.3

15m

+0.4

30m

+0.3

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.4+0.4+0.0+0.1+0.3

Next day

-2.9-1.3-1.6-2.3-0.6

-2.8-1.7-1.1-3.7+0.8

-1.6-2.0+0.4-3.4+1.8

-1.5-2.9+1.4-3.9+2.4

-0.6-2.4+1.7-2.7+2.1

+0.1-2.1+2.3-2.5+2.6

15d

+1.7-1.3+3.0-0.7+2.4

-1.3-2.4+1.1-6.9+5.6

—————

UpDownMarket · Nifty 100Sector · Public Sector Bank peers, median of 11Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Bank of Baroda has sold 76,90,375 equity shares of National Stock Exchange of India (NSE) through Offer for Sale in NSE's Initial Public Offering, for a gross consideration of Rs 1,372.35 crores. This is a divestment of the bank's pre-IPO investment in NSE, monetizing its holdings at the IPO price.

Likely market impact

Positive for Bank of Baroda as it monetizes its NSE investment at IPO price, boosting profits. No change in shareholding structure.