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NSE investors may face further delays for its initial public offering

According to industry players, one of the key requirements for approving NSE's IPO is for it to remain free from any tech-glitch for a year

NSE, BSE, Indian stock market
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NSE, Indian stock market (Photo: Bloomberg)

Khushboo Tiwari Mumbai

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Investors at the National Stock Exchange (NSE) may have to wait even more for its initial public offering (IPO).

The exchange’s management said it did not have any update from the regulator on the proposed plan to go public.

“Situations remain as it is,” said Ashishkumar Chauhan, managing director (MD) & chief executive officer (CEO) of NSE on Monday.

However, on queries if the alleged technical glitch at the exchange during listing of the follow-on-public offer (FPO) of Vodafone Idea (VIL) will have any impact on the timelines for the IPO approval, Chauhan said the issues were not related.

According