NSE's Rs 30,000 Crore IPO Likely to Open Sept 18, List on Sept 25
The National Stock Exchange is expected to launch its Rs 30,000-crore initial public offering for subscription on September 18, with a tentative listing date of September 25. The issue will be structured entirely as an offer for sale, meaning existing shareholders will offload approximately 15 crore equity shares rather than issuing new stock. The SBI group is reported to be the largest seller among the participating shareholders. The IPO marks a significant milestone for NSE, which has faced prolonged regulatory challenges including co-location and dark-fibre related cases over the years.
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