NSE IPO countdown: Appoints Rothschild as independent advisor for long-pending IPO

NSE IPO: Country's Largest Exchange to Debut on Dalal Street soon

The wait for the highly anticipated NSE IPO may not be very long now. The country's largest exchange is expected to make its debut on Dalal Street soon.

NSE Appoints Rothschild as Independent Advisor for IPO Process

NSE has appointed financial advisor Rothschild as an independent advisor to oversee its IPO process. In a statement, NSE said that the IPO Committee has selected Rothschild after meeting various agencies based on technical and commercial proposals.

NSE IPO: Role and Responsibilities of Rothschild

• Clear and Transparent Process: Rothschild will ensure a clear, transparent driven process for the bourse's IPO.
• Book-Running Lead Managers: Rothschild will appoint the book-running lead managers for the IPO process.
• Legal Counsels and Intermediaries: Rothschild will handle legal counsels and coordinate other intermediaries for NSE IPO.
• Objective Evaluation Framework: Rothschild will develop an objective evaluation framework, defining clear selection criteria.
• Selection Process Management: Rothschild will manage all stages of the selection process, from documentation and clarifications to back-off coordination and consolidation of evaluation feedback of internal stakeholders.

NSE IPO: Board Clears Long-Pending IPO Plan

On February 6, the NSE board approved plans to move ahead with its long-pending IPO. The proposed issue will be an offer for sale, where existing shareholders will offload their holdings.

NSE Q3FY26 Result

For the December quarter of financial year 2026 (Q3FY26), the exchange reported a consolidated profit after tax of Rs 2,408 crore, lower than the Rs 3,834 crore posted in the same quarter last year.

• Revenue from operations fell 9% year-on-year to Rs 3,925 crore from Rs 4,349 crore.
• Total income for the quarter stood at Rs 4,395 crore, down 9% from a year ago but 6% higher quarter-on-quarter.