NSE shares could trade in the “permitted to trade” category even though they would formally list on BSE, as present regulations do not provide for the self-listing of a stock exchange.
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NSE may allow its shares to trade on its own platform after listing on rival BSE, potentially boosting liquidity and paving the way for inclusion in Nifty indexes. The proposal was discussed with global investors during IPO roadshows. However, current rules don’t permit exchange self-listing, meaning NSE would need Sebi approval. The IPO is targeted for September.
