NSE IPO Path Clears: SEBI Gives In-Principle Nod, Govt Eases IPO Rules

• SEBI grants in-principle approval to NSE's settlement plea in the co-location case, removing a major hurdle for its IPO.
• The government approves a proposal allowing large companies to sell 2.5% stake in an IPO, down from 5%, benefiting entities like NSE.
• NSE had proposed a ₹1,388 crore settlement in 2025 to proceed with its IPO, which was stalled since 2016 due to the co-location issue.
• NSE MD & CEO Ashish Kumar Chauhan expects DRHP filing within four months of receiving SEBI's NOC, with IPO potentially in 7-8 months.
• SEBI Chairman Tuhin Kanta Pandey warns investment bankers about repeated disclosure deficiencies, emphasizing independent verification and clear reporting.

Why It Matters: SEBI's in-principle approval and eased IPO rules pave the way for NSE's long-awaited public offering.