The much-anticipated IPO of the National Stock Exchange (NSE) is once again in the spotlight, sparking renewed interest among investors eager to understand the current status. After multiple delays caused by regulatory challenges, there is growing optimism that India’s largest stock exchange might finally make its debut in the public markets.
Here’s a quick overview of the four key things you need to know about the NSE’s IPO, including insights on SEBI’s role, the expected timeline, and more.
NSE IPO: Why the Delay?
The NSE has been attempting to go public for years, but regulatory hurdles have consistently stalled its progress. The delays have largely been due to unresolved legal issues related to governance lapses, as well as SEBI’s ongoing scrutiny of past allegations against the exchange.
What is the stand of SEBI now? (update of 17 April 2025)
NSE IPO is perhaps the most talked about public issue of the Dalal Street. The NSE IPO is in the works since 2016, but the country’s largest stock exchange has failed to sail through the process.
SEBI Chairperson Tuhin Kanta Pandey, speaking on the sidelines of an event on Thursday (April 17), said that the regulator is working to sort issues to help the National Stock Exchange (NSI) to launch its IPO very soon. He said that SEBI is easing the way for NSE’s listing on the BSE.
“We will not allow commercial interest to take over the general public interest, and it is for the regulator to ensure that,” SEBI chief said.
NSE IPO Timeline: When Will the Exchange Go Public?
While there’s no official date set yet, reports earlier this year suggested that the NSE has applied for a no-objection certificate (NOC) from SEBI. Investors are eagerly awaiting an official announcement regarding the timeline for the IPO.
NSE Valuation: India’s Most Valuable Unlisted Company
The latest Burgundy Private Hurun India 500 list places NSE among the top 10 most valuable companies in India, with an impressive valuation of Rs 4.7 lakh crore. This valuation has pushed the NSE ahead of the Serum Institute of India (SII), making it the most valuable unlisted company in the country.
As the NSE inches closer to its public offering, all eyes will be on how it navigates regulatory scrutiny and when it can finally hit the markets.
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