Nse ipo: The country’s largest stock exchange National Stock Exchange (NSE )’s Initial Public Offer (IPO) can now come within the next 8 to 9 months. The stock market has been waiting for this IPO for a long time. NSE managing director and CEO Ashishkumar Chauhan said on Tuesday that listing is possible after 8-9 months as soon as the NSE gets the necessary approval from SEBI.
Chauhan said in a conversation with CNBC-TV18, “The day the NOC will be found, there is a possibility of listing till 8-9 months after that.” He said that the shareholding of NSE is already quite widespread. He said, “We are 100% public. We already have about 1.72 lakh shareholders.” , This shareholding structure makes NSE different from other companies that are preparing for IPOs.
NSE is India’s first Fintech
According to him, “Investors have done well due to corporate governance framework in India, while investors could not get constant benefits despite economic growth in markets like China.”
Technology backbone and security
The CEO of the NSE also highlighted the exchanges’ huge technology infrastructure. The National Operations Center in Mumbai and Chennai handles all the activities from Dai Trading to Disaster Recovery and Cyber Security. Chauhan said, “This is actually a digital public infrastructure and it should be constantly running without any disruption.”
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