The National Stock Exchange has filed its draft prospectus with SEBI. This step advances its planned Initial Public Offering, expected to reach around ₹30,000 crore.
The filing brings the exchange closer to listing on Indian stock markets after years of preparation. The move follows a decade of regulatory challenges that had delayed the process.
The proposed IPO could rank as India's largest public issue to date. Several major institutions, including State Bank of India, Bank of Baroda, Life Insurance Corporation of India and General Insurance Corporation of India, hold stakes in the exchange.
Market observers view the development as a key milestone for the country's financial infrastructure. The draft documents now enter the regulatory review phase with SEBI.
