NSE gets SEBI nod for ₹30,000 cr IPO; issue could be India’s second-largest
The National Stock Exchange (NSE) has received SEBI approval for a ₹30,000 crore IPO, which will be an offer for sale by existing shareholders. This marks a significant milestone after a decade of regulatory delays.
Why it matters
As one of the largest potential IPOs in India, this listing will significantly impact the domestic financial market and shareholder liquidity.
The National Stock Exchange of India (NSE) has received regulatory approval to proceed with its proposed ₹30,000 crore initial public offering (IPO), potentially making it the second-largest IPO in India, after the proposed Jio Platforms listing.
The Securities and Exchange Board of India (SEBI) has issued its letter of observation to NSE, clearing the exchange’s Draft Red Herring Prospectus (DRHP) for the public offering.
NSE had filed its DRHP on June 17, 2026, after its much-anticipated IPO was delayed for nearly a decade amid regulatory and legal-related overhangs.
The proposed IPO will be entirely an offer for sale (OFS), with existing shareholders looking to sell up to 14.89 crore equity shares, representing approximately 6% of NSE’s paid-up capital. The issue will not involve any fresh issuance of shares by the exchange.
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