The National Stock Exchange (NSE) is expected to launch its long-awaited IPO in the next 7–8 months, according to MD & CEO Ashish Kumar Chauhan. The issue is likely to be a pure offer for sale (OFS) of around 4–4.5% of equity by existing shareholders, with no fresh capital being raised. This reflects NSE’s confidence in its financial position and follows regulatory clearances in recent weeks for the exchange’s listing process.
What’s next:
Investors will look for details on the timing, OFS price band and anchor investor commitments once SEBI allows the NSE to proceed further with the IPO roadmap.
