NSE receives SEBI’s approval for initial public offering

National Stock Exchange (NSE) has received a no-objection certificate from the markets regulator to file for an initial public offer, according to a people with direct knowledge of the matter.

The IPO which had been shelved for nearly a decade due to regulatory and legal issues, has now been given SEBI nod to go ahead and initiate the processes to file an IPO.

“We are delighted to receive SEBI approval for our IPO — a significant milestone in our growth journey. With SEBI’s approval, we embark on a new chapter of value creation for all our stakeholders. This approval also reinforces confidence in NSE being an integral part of the Indian economy and a beacon of Indian capital markets,” said Srinivas Injeti, Chairperson, NSE in a statement.

NSE is among the top exchanges in the world in terms of traded volumes and the largest in India by market capitalisation.