NSE files DRHP for $2-3 billion IPO; Tiger Global, SBI among major sellers
The National Stock Exchange has officially filed for its long-awaited IPO, aiming to raise $2-3 billion. This move follows a nine-year delay due to the co-location controversy. The offer is entirely an 'offer for sale,' with existing shareholders, including Tiger Global, divesting stakes. This listing marks a significant milestone after regulatory hurdles were cleared.
The National Stock Exchange has officially filed for its long-awaited IPO, aiming to raise $2-3 billion. This move follows a nine-year delay due to the co-location controversy. The offer is entirely an 'offer for sale,' with existing shareholders, including Tiger Global, divesting stakes. This listing marks a significant milestone after regulatory hurdles were cleared.
