NSE IPO: SEBI Chief Hints at NOC This Month, Listing Process Nears Final Stage

• SEBI Chairman Tuhin Kanta Pandey stated that the No Objection Certificate (NOC) for NSE's IPO is in its final stages.
• The approval for the highly anticipated IPO could be received within this month, strengthening market expectations.
• NSE CEO Ashish Chauhan previously indicated that listing might take 8-9 months after NOC, including DRHP preparation and SEBI scrutiny.
• NSE already boasts a large public shareholder base of 1.72 lakh, with no promoter holding, making it an institutional-structured exchange.
• The IPO process, stalled since 2016 due to regulatory and legal issues, is now moving forward after extensive discussions between SEBI and NSE.

Why It Matters: NSE's long-awaited IPO is nearing approval, with SEBI indicating a potential NOC this month.