NEW DELHI: The National Stock Exchange (NSE) is preparing for its much-awaited public listing, expected to take place 8-9 months after receiving clearance from markets regulator Sebi.
“NSE had filed for settlement with Sebi in June 2025. Once the NOC (No-Objection Certificate) is received, the exchange will require 4-5 months to prepare its draft red herring prospectus (DRHP), followed by another 4-5 months for Sebi’s review,” the exchange’s MD and CEO Ashishkumar Chauhan said on Wednesday. He made the remarks at the launch of the Hindi edition of his biography ‘Sthitapragya’.
In June, Sebi Chairman Tuhin Kanta Pandey affirmed that no obstacle will remain for the country’s largest stock bourse NSE to go ahead with its initial public offering (IPO).
It can be noted that NSE’s IPO plans have been stuck for over nine years now. The bourse first filed its draft papers in 2016 to mobilise Rs 10,000 crore through an offer for sale by existing shareholders, who were looking to offload 22 per cent shares to the public.
However, approval was not granted to regulatory concerns pertaining to governance and the co-location matter. Since then, NSE has approached Sebi several times for clearance.