NSE IPO: IPO of the country’s most stock exchange NSE can get the green signal from the stock market regulator SEBI soon. SEBI Chief Tuhin Kant Pandey has said that he will investigate the reasons for the delay in the IPO of NSE. In the year 2016 itself, the NSE filed a draft paper near the regulator to bring the IPO.
After the first board meeting of SEBI, chaired by Tuhin Kant Pandey, when he came to the media, he was asked questions about the delay in the IPO of NSE. He said, we will definitely look at this matter and the issues will try how to go away. In terms of market share, the National Stock Exchange is the largest stock exchange in the country, which has been looking for the arrival of its IPO for the last eight years.
The wait for the listing of the IPO and its shares of the National Stock Exchange (NSE) is getting longer. Investors have been waiting for it for years. Last year, Sebi told the Delhi High Court during the hearing of a case that NSE has not made any fresh demand for the no objection certificate ie NOC regarding its listing. SEBI also made it clear that the National Stock Exchange itself is responsible for the reason for the delay in the IPO process. A PIL was filed in the Delhi High Court, demanding SEBI to approve NSE IPO soon.
NSE had also received approval from SEBI years ago regarding its proposed IPO and listing of shares on the market. The NSE filed an application with SEBI in 2016 itself, which was approved by the regulator, but the draft was later returned. After the case came to light on co-location facilities, SEBI returned the draft of NSE in 2019 and asked him to file a draft of IPO afresh after completion of the investigation of the Co-Lction Facilitation case. In August 2024, NSE applied to SEBI for the Non -Old Certificate (NOC), which is still waiting for approval.
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