Kathmandu. The National Stock Exchange of India (NSE), India’s largest equity derivatives exchange, is preparing to launch its IPO.
Meanwhile, nse’s valuation in the private market has reached close to Rs 6 lakh crore. Experts expect nse’s IPO to be the largest ever in India. The size of which can be much larger than Hyundai Motor India, LIC and Paytm.
The NSE has been in the eye of investors for the last few days. This is because it is moving at a stormy pace in the unlisted market.
After sebi chief Tuhin Kant Pandey’s remarks, discussions on NSE’s IPO are also intensifying. In the last 15 days, the share price has increased by about 60 per cent from Rs 1,500 to Rs 2,400. Thus, considering the remaining share capital of 24.50 crore shares, the current value of NSE is Rs 5.88 lakh crore. According to this assessment, even if NSE sells 10 per cent of its equity, the size of the NSE IPO could be around Rs 55,000-60,000 crore. Which will make it the largest IPO in the country.
If this analysis and evaluation proves to be correct, this IPO of India’s leading stock exchange is going to become the biggest issue of the Indian stock market so far. Which will break the record of Hyundai Motor India IPO. Which raised about Rs 28,870 crore through its issue.
Earlier, LIC had set a record for bringing the largest IPO in the country. Which was Rs 21,000 crore. – Agency
