General Insurance Corp, National Insurance, New India, Oriental Insurance and United India were among the earliest investors in the exchange, which opened in 1994 and is India's biggest by trading volume. The proposed IPO, expected later this month, is entirely an offer for sale of up to 148.91 million shares, which would mean that NSE itself will not receive proceeds from the issue.

NSEs IPO moved closer to launch after Sebi approved its draft offer document, with the proposed Rs 30,000-crore issue likely to list on BSE. The OFS could involve nearly 6% stake,…

General Insurance Corp, National Insurance, New India, Oriental Insurance and United India were among the earliest investors in the exchange, which opened in 1994 and is India's…

The National Stock Exchange has successfully gained regulatory approval for its forthcoming initial public offering, marking a significant milestone as it aims to become India's…

The National Stock Exchange's IPO is slated to open for public subscription on September 18. This significant offering is expected to raise approximately Rs 30,000 crore. The…

NSE may price its IPO at ₹1,700-₹1,785 a share and reduce the stake offered to about 5.5% from the planned 6%, Bloomberg reported.