NSE IPO Expected Date For 2025.
SEBI chief said about NSE IPO expected date discussions are on with the exchange to resolve key issues.
4/30/20251 min read
SEBI chief said about NSE IPO expected date discussions are on with the exchange to resolve key issues with MarketWatch
The long-pending IPO of the National Stock Exchange is under regulatory scrutiny, with Sebi and NSE actively discussing unresolved governance and structural issues.
Despite filing a no objection certificate, the timeline for listing remains uncertain.
National Stock Exchange NSE's long-awaited initial public offering IPO is under regulatory scrutiny, with discussions underway between the exchange and Sebi to resolve certain issues, market regulator chief Tuhin Kanta Pandey said.
Sebi's concerns include compensation paid to key management personnel, technology and majority ownership in the clearing corporation, etc.
The stock market has resumed its listing process by applying for a NOC to the Securities and Exchange Board of India Sebi.
While the no objection certificate (NOC) has been filed, the timeline for the IPO remains uncertain as both sides work to resolve key issues - some of which are of fundamental nature, including corporate governance.
Pandey said the intention is to take a decision on NSE's IPO "as soon as possible".
Pandey, also speaking to PTI, said, "All I can say at this point of time is that there are certain issues...which are under discussion between NSE and Sebi. And we will try to resolve these issues with intent to move forward."
It is worth noting that NSE's IPO plans have been stuck for the past eight years. The exchange had first filed its draft papers in 2016 to raise ₹10,000 crore through an offer for sale by existing shareholders who wanted to sell 22 per cent of their shares to the public.