Something big is brewing with NSE's IPO plans. Stay tuned to see how this could change the game for India's stock market.
Fill in NSE is set to refile for its IPO after resolving regulatory issues, pending SEBI’s no-objection certificate (NOC). text
If approved, NSE’s IPO could raise ₹30,000 crore with a 10% equity sale, potentially making it India’s largest IPO ever.
NSE shares are trading at ₹6,000 in the unlisted market, doubling in value over the past year, with a market cap of ₹3 lakh crore.
Major shareholders of NSE include LIC, SBI, and Temasek Holdings, each holding significant stakes in the exchange.
NSE posted a net profit of ₹8,306 crore in FY24, up 13% year-over-year, with revenue climbing 25% to ₹14,780 crore.
SEBI’s proposed F&O norms could reduce NSE’s trading volumes by one-third, potentially cutting future earnings by 20-25%.