img

Taking a big step towards the IPO of the National Stock Exchange (NSE), SEBI has said that its internal committee is now considering this proposal. SEBI's new chairman Tuhin Kanta Pandey told CNBC TV18 on Friday that the answers to the concerns raised by NSE will now be reviewed by the internal committee and efforts will be made to take a decision as soon as possible.

What has happened so far? On 28 March 2025, NSE filed an application for No Objection Certificate (NOC) for IPO with SEBI. Only after getting NOC, NSE can file DRHP (Draft Red Herring Prospectus).

What objections did SEBI have 

All legal matters related to co-location case needed to be resolved. Recommended to increase the salary of NSE's top management (KMPs). Reducing stake in NSE Clearing to less than 50% (currently 100% subsidiary of NSE). Completely fixing technical glitches. Now when will the IPO come - SEBI Chairman Tuhin Pandey says that our intention is to take a decision on NSE's IPO as soon as possible. NSE is India's largest stock exchange, and its IPO has been awaited for a long time. Through this IPO, investors will get a chance to directly participate in the country's exchange. This IPO can be included in India's biggest and most talked about public issues. Overall- The regulatory process regarding NSE's IPO has now reached an important turn. If SEBI's internal committee finds NSE's answers satisfactory, then DRHP can be filed very soon and the way for IPO can be cleared.


Read More: Infosys fired 240 trainee employees, they did not pass the internal test

--Advertisement--