NSE’s long-awaited IPO has moved closer after Sebi approved its draft offer plan for a proposed Rs 30,000-crore issue. The IPO will be entirely an offer for sale, allowing existing shareholders to dilute their stakes. The listing would mark the end of a process first initiated in 2016 and stalled over regulatory concerns.
NSE’s long-awaited IPO has moved closer after Sebi approved its draft offer plan for a proposed Rs 30,000-crore issue. The IPO will be entirely an offer for sale, allowing existing shareholders to dilute their stakes. The listing would mark the end of a process first initiated in 2016 and stalled over regulatory concerns.
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