NSE Gets SEBI Approval to Move Ahead With Long-Awaited IPO
· Business · Business Standard, LiveMint, Economic Times
The National Stock Exchange (NSE) has received approval from SEBI to proceed with its long-awaited initial public offering. The development clears a key regulatory hurdle for the country's largest stock exchange by trading volume, which had been working towards listing for several years. The approval comes after NSE addressed SEBI's earlier concerns related to its ownership structure, governance, and co-location controversy. The IPO is expected to be one of the largest listings on Indian markets in recent years, with the exchange potentially seeking a valuation of around $100 billion. Details on the issue size, price band, and listing timeline are yet to be announced.
Why it matters
An NSE listing would give Indian retail investors direct access to the country's most traded exchange and set a benchmark for future financial-infrastructure IPOs, while unlocking value for existing shareholders including domestic institutional investors.
Read the original report — Business Standard
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