NSE IPO likely in 7-8 months; no fresh issue, 4-4.5% stake sale via OFS: Ashish Chauhan

The National Stock Exchange’s (NSE) initial public offering (IPO) is likely to hit domestic primary markets in the next 7–8 months, with India’s largest stock exchange set to offload 4–4.5% of its equity through existing shareholders, ET Now reported, quoting Managing Director and CEO Ashish Kumar Chauhan. He clarified that NSE will not raise fresh capital, as the issue will be a pure offer for sale (OFS). Chauhan added that the pricing of the IPO will be determined by prevailing market conditions and NSE’s profitability at the time of the issue. "Broadly speaking, ours is a more than listed company today. We have 191,000 shareholders... we give sort of.. all the quarterly results and any material even that happens as if we were a listed company," he said further. Live Events "...so broadly it is a way to formally recognize that listing framework and to give more liquidity to existing shareholders as well as new shareholders who want to come in...so it's more a procedural activity and nothing to do with pricing or other things," Chauhan said. India’s markets regulator Security and Exchange Board of India (Sebi) on Friday gave its no-objection certificate for the long-awaited IPO of NSE. The clearance marks a key regulatory milestone for India’s largest stock exchange, which has been preparing for a public listing for several years amid governance reforms and regulatory scrutiny. “We are delighted to receive SEBI approval for our IPO — a significant milestone in our growth journey," Srinivas Injeti, Chairperson, NSE said after the exchange received the regulatory nod. "With SEBI’s approval, we embark on a new chapter of value creation for all our stakeholders. This approval also reinforces confidence in NSE being an integral part of the Indian economy and a beacon of Indian capital markets,” he said. With Sebi’s nod in place, NSE is expected to move closer to finalising the structure and timing of its IPO, though the exchange is yet to make an official announcement. According to an earlier Reuters report, NSE is said to be planning to file its draft listing papers by the end of March and is in discussions with investment bankers and law firms to finalise the prospectus and assess investor appetite. The unlisted shares of NSE are currently trading at Rs 2,120 on InCred Money. (Disclaimer: The recommendations, suggestions, views, and opinions given by the experts are their own. These do not represent the views of The Economic Times.) (You can now subscribe to our ETMarkets WhatsApp channel) (What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .) Subscribe to ET Prime and read the Economic Times ePaper Online.and Sensex Today. Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price ...moreless (You can now subscribe to our ETMarkets WhatsApp channel) (What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .) Subscribe to ET Prime and read the Economic Times ePaper Online.and Sensex Today. Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price ...moreless Have derivatives joined cigarettes & whiskey in the sin club? Make in India 2.0 gets a Budget boost for job creation How Budget’s digital blueprint marks a shift from concrete to code Budget 2026: Tax holiday extension to boost GIFT City’s global appeal Hindustan Zinc has a silver lining. But for how long? EU trade pact: Should Tata, Mahindra worry about ‘European invasion’? 1 2 3