NSE's DRHP reveals a shareholder who allegedly received shares by mistake, alongside fresh legal and governance hurdles ahead of its IPO
Several institutional investors acquired NSE shares at fractions of a rupee, positioning them for substantial gains as the exchange prepares for what could be India's largest IPO
NSE's DRHP shows that the exchange's growth is increasingly driven by the rise in derivatives trading, particularly equity options
India's biggest exchange is moving towards a ₹30,000-crore IPO with no fresh issue component; the listing aims to unlock shareholder value and improve liquidity
OFS could unlock huge gains for long-term shareholders, with SBI, Stock Holding Corporation and insurers sitting on decades-old stakes
NSE IPO: Nearly a decade after it first initiated the listing process, India's largest stock exchange has filed its DRHP with the Securities and Exchange Board of India (Sebi)
Offer for sale of nearly 149 million shares; LIC not participating in the issue
Rival exchange BSE Ltd was listed in 2017
IFCI has indirect exposure to NSE through its 52.8% stake in Stock Holding Corporation of India Ltd (SHCIL). SHCIL owns a 4.4% stake in the stock exchange, which is preparing to list its shares.
Hexagon Nutrition's IPO attracted strong investor demand, while NLC India's OFS was oversubscribed and NSE pledged CSR support for the Social Stock Exchange
Shareholding of trading members and associates lowest in over a decade
Brokers have called for clarity on resolution timeline, granting market institutions more powers to Access and act alone
Move comes after recent withholding of Rs 80 crore that impacted more than 160 brokers
It is now routine for MIIs to face monetary consequences for regulatory failures, through settlement or adjudication, occasionally accompanied by non-monetary sanctions
Costs, liquidity, and the mechanism for conversion to physical gold are aspects you must understand before taking the plunge
It will be one of two large share sales in India this year, along with an issue by billionaire Mukesh Ambani's Reliance Jio Platforms
The National Stock Exchange (NSE) has offloaded around 1 per cent stake in Indian Gas Exchange (IGX), the country's first online delivery-based trading platform for natural gas, to comply with regulatory requirements, sources said on Monday. The stake sale is part of NSE's effort to align with Petroleum and Natural Gas Regulatory Board (PNGRB) norms, which mandate that no single entity holds more than 25 per cent in the exchange. IGX operates an electronic trading platform for natural gas, offering spot, forward and delivery-based contracts. Following the latest dilution, NSE's shareholding in IGX has come down to 25 per cent. Notably, the exchange had acquired a 26 per cent stake in IGX for over Rs 19 crore in March 2021 to become a co-promoter, after securing approvals from PNGRB. Earlier this month,NSE partnered with IGX to introduce exchange-traded derivatives based on domestic natural gas prices.As part of the collaboration, NSE will launch natural gas futures contracts linke
Exchange aims to expand its commodity segment with differentiated offerings, focusing on product innovation, retail participation, and value-chain engagement
National Stock Exchange (NSE) on Monday said it has received approval from the Ministry of Corporate Affairs (MCA) to reserve the name "National Coal Exchange of India Limited" for its proposed coal exchange. The move follows NSE's board approval in February to set up a wholly-owned subsidiary for the initiative, with proposed names, including "National Coal Exchange", "Bharat Coal Exchange" and "India Coal Exchange". In a statement, NSE said it has committed an initial capital infusion of up to Rs 100 crore and will hold a 60 per cent stake in the venture; and the remaining 40 per cent will be offered to other shareholders. "This is a key milestone achieved, and in due course we will be taking the necessary actions for applying for the requisite license with the Coal Controller Organisation in accordance with applicable regulatory requirements," said Ashishkumar Chauhan, MD & CEO at NSE. The proposed coal exchange seeks to address these inefficiencies by creating a transparent,
Exchange hires 20 investment banks and multiple legal advisers as it prepares to file draft papers for a long-delayed public listing later this year