NSE IPO NOC Nears: SEBI Chair Hints Approval This Month

• SEBI Chairman Tuhin Kanta Pandey stated that the No Objection Certificate (NOC) for NSE's IPO is in advanced stages.
• The NOC for the National Stock Exchange's IPO is likely to be issued as early as this month.
• NSE CEO Ashish Chauhan previously estimated an 8-9 month timeline for listing after receiving the NOC.
• The IPO process has faced delays since 2016 due to regulatory concerns like co-location and dark fibre access.
• NSE has a large public base with 172,000 shareholders and no promoter stake, positioning it for listing.

Why It Matters: SEBI is close to approving NSE's IPO, with the NOC potentially issued this month, signaling major progress.