NSE IPO: SEBI Chief Hints at NOC Approval This Month, Clearing Path for Listing

• NSE's long-awaited IPO could receive crucial approval this month, with SEBI Chairman Tuhin Kanta Pandey stating the NOC process is in advanced stages.
• The No-Objection Certificate (NOC) from SEBI is a mandatory requirement for Market Infrastructure Institutions (MIIs) like stock exchanges before filing their DRHP.
• The IPO has been delayed for a long time, primarily due to the 'dark fiber' case.
• NSE's unlisted share price is ₹2,045, valuing its market capitalization at approximately ₹5.06 lakh crore, significantly larger than BSE.
• NSE holds a dominant market share: 92.7% in the equity cash segment and 74.3% in the equity options segment as of November 30.

Why It Matters: SEBI is close to approving NSE's IPO, potentially clearing its path to market this month after long delays.