Soach Global Set for Nearly 25x Gains in Partial Exit from National Stock Exchange
Soach Global is selling a 20% stake in the National Stock Exchange of India through an IPO, realizing a 25x return on its decade-old investment. The firm intends to retain the remaining 80% stake as a long-term holding.
Why it matters
The NSE IPO represents a significant liquidity event in the Indian capital markets, highlighting the growth of retail investor participation.
Fund to sell 20% of its decade-old stake in NSE's IPO; remaining 80% to be held as a long-term investment
MUMBAI, India, Sept. 21, 2026 /PRNewswire/ -- Soach Global Strategic Holdings Limited, Mauritius, a wholly-owned subsidiary of Soach Global Opportunities Fund (together, "Soach Global"), is part exiting from its decade-long investment in the National Stock Exchange of India Limited ("NSE"). The Fund is selling through the offer for sale in NSE's initial public offering, which opened today.
The Fund acquired 1,50,000 NSE equity shares from Industrial Finance Corporation of India Limited (IFCI) in January 2016 at ₹3,950 per share, aggregating ₹59.25 crore. Over the following decade, the holding multiplied to 82,50,000 shares through corporate actions, without any additional investment. Adjusted for these corporate actions, the Fund's average acquisition cost is ₹71.8 per share.
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