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National Stock Exchange (NSE) is reportedly targeting June 15, 2026 for filing its draft red herring prospectus (DRHP), marking a significant step toward its long-awaited public listing expected in 2026.
The development indicates accelerating progress in NSE’s IPO process after multiple years of regulatory and governance-related delays. The exchange has already initiated shareholder approval processes and is working on offer-for-sale (OFS) structuring ahead of the filing.
The proposed IPO is expected to be entirely an OFS, with existing shareholders partially monetizing their holdings. The listing is likely to become one of the largest and most closely tracked capital market events in India.
The IPO momentum is being supported by strong financial performance. NSE recently reported an 8% YoY increase in consolidated Q4 profit to ₹2,871 crore, driven by continued strength in transaction volumes across the cash and derivatives segments. Total income increased approximately 22% YoY.
Additionally, NSE’s board recommended a final dividend of ₹35 per share, including a special dividend component of ₹10 per share, reflecting strong cash generation and balance sheet strength ahead of the anticipated listing.
Key highlights:
The upcoming IPO is expected to provide investors exposure to one of India’s most critical financial market infrastructure institutions, benefiting from long-term growth in capital market participation, derivatives activity, and domestic financialization trends.
Source: https://www.business-standard.com/markets/ipo/nse-pushes-to-file-ipo-papers-by-june-15-sets-stage-for-2026-listing-126050501236_1.html
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