NSE IPO Gets SEBI Green Light: Stock Market Set for Mega Listing

• SEBI has granted a No-Objection Certificate (NOC) to NSE for its IPO, clearing a major hurdle for the listing.
• The long-standing 'co-location' and 'dark fiber' dispute has been resolved with a settlement amount of approximately 1,400 crore rupees.
• The IPO will be an 'Offer for Sale' (OFS), allowing existing shareholders to sell their stakes, with NSE's valuation estimated at 5 lakh crore rupees.
• The listing process, including DRHP preparation and final SEBI approval, is expected to take 8 to 9 months.
• The IPO is seen as a significant step for the Indian capital market, enhancing transparency and investor confidence.

Why It Matters: NSE's IPO receives SEBI approval after resolving co-location dispute, paving the way for a mega listing.