NSE IPO News
The NSE holding is currently DMart founder Radhakishan Damani's second-largest investment by value and is only behind Avenue Supermarts (DMart) he established.
However, when asked whether the NSE IPO could see the light of the day ahead of Diwali this year, the markets regulator chief declined to comment on any timeline.
The entire IPO would be an Offer for Sale (OFS), wherein existing shareholders would sell the bourse's shares.
The exchange had filed draft papers with Sebi in December last year for the IPO, but the regulator has put it on hold presumably due to the ongoing probe into alleged lapses relating to the co-location matter.
The National Stock Exchange (NSE) may have to re-file papers for its Rs 10,000-crore IPO after addressing issues related to alleged preferential access given to some brokers, watchdog Sebi's Chairman Ajay Tyagi on Monday said, terming the co-location case as "a serious matter".
The Securities and Exchange Board of India (SEBI) on Friday approved the appointment of Vikram Limaye, head of infrastructure lender IDFC Ltd, as the next managing director and chief executive of National Stock Exchange (NSE), subject to his resignation from a cricket committee.
Markets regulator Sebi has sought clarification on the proposed Rs 10,000 crore initial public offering of top bourse National Stock Exchange (NSE).
BSE Ltd is set to opens its Initial Public Offer on Monday which will be on sale up till January 25.
BSE Ltd is set to launch its initial public offer on January 23 and the IPO will be on sale up till January 25, said the filing made by BSE.
The National Stock Exchange (NSE) on Wednesday filed draft papers with market regulator Sebi for its much-awaited IPO, expected to be one of the biggest in recent times, with an estimated size of over Rs 10,000 crore.
Chitra Ramkrishna, Managing Director and CEO of National Stock Exchange has resigned over differences with its board.
The Securities and Exchange Board of India (SEBI) said it will allow stock exchanges to list their own shares, paving the way for BSE Ltd and the National Stock Exchange (NSE) to conduct initial public offerings.
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