NSE IPO opens today: Should you subscribe to the issue?
· Business · Times of India, Economic Times
The National Stock Exchange of India has opened its initial public offering for subscription today, aiming to raise up to ₹22,569 crore. The issue is entirely an offer-for-sale, meaning proceeds will go to existing shareholders rather than the exchange itself. The company has set a price band of ₹1,700 to ₹1,785 per share, with a minimum bid requirement of 8 shares for retail investors. This listing follows a decade of delays caused by regulatory challenges, including the co-location controversy. At the upper end of the price band, the exchange is valued at approximately ₹4.42 lakh crore.
Why it matters
The IPO provides investors a rare opportunity to own a stake in India's largest stock exchange, which operates as a debt-free business with significant market dominance and high entry barriers.
Read the original report — Times of India
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