National Stock Exchange’s long-awaited initial public offer may finally launch in Samvat 2082, Managing Director and CEO Ashishkumar Chauhan indicated, subject to regulatory approval from the Securities and Exchange Board of India (SEBI).
“NSE has been waiting for its IPO approval from SEBI called No Objection Certificate. So hopefully if it comes you will see NSE’s IPO in next Samvat,” Chauhan told businessline on the sidelines of Muhurat trading on Diwali.
The NSE chief emphasised that the exchange has been operating with listed company standards despite not being publicly traded. “It has been following all the corporate governance criteria. We do not have any specified promoter,” he said. Chauhan noted that the IPO is primarily driven by existing investors seeking an exit route.
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