Overview
- The offering will be a sale by existing shareholders only, with no fresh equity issuance by the exchange.
- SEBI issued a no‑objection certificate on January 30 after progress on settlements in the unfair access co‑location case, removing a key hurdle.
- NSE reconstituted its IPO Committee to oversee the process, chaired by Tablesh Pandey alongside public interest directors and MD & CEO Ashishkumar Chauhan.
- The exchange plans to prepare and file the DRHP in about four months, with the issue potentially reaching markets roughly seven to eight months after the NOC, subject to approvals and conditions.
- The listing is expected to rank among India’s largest, with about 1.77 lakh shareholders and an unlisted valuation cited by analysts at over Rs 5 lakh crore.