- June 14, 2026
NSE IPO: Exchange Expected To File Draft Prospectus Next Week, OFS Route Likely
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NSE plans to file DRHP for long delayed IPO next week with no fresh issue, stake sale of about 4 to 4.5 percent may raise 1.5 to 2.5 billion dollars.
NSE to file draft papers for IPO likely to next week
NSE IPO: The exchange NSE (National Stock Exchange) is likely to file draft papers for its initial public offering (IPO) next week, with no fresh issue of shares expected, according to Press Trust of India (PTI) report.
This comes after NSE’s board approved the proposed IPO on February 6, following receipt of Sebi’s no-objection certificate (NOC).
The PTI report stated that the draft red herring prospectus (DRHP) is likely to be filed on June 15 or June 16.
The timeline broadly aligns with recent developments in the exchange’s long-delayed IPO journey.
Earlier, Bloomberg news reports suggested that the IPO could involve a stake sale of around 4-4.5 percent and potentially raise between $1.5 billion and $2.5 billion (approximately Rs 23,000 crore), depending on final valuations and market conditions.
The National Stock Exchange (NSE) had appointed 20 merchant bankers along with several law firms and other intermediaries in March 2026 to manage its initial public offering (IPO).
The merchant bankers appointed include Kotak Mahindra Capital Company, JM Financial, Axis Capital, IIFL Capital Services, Motilal Oswal Investment Advisors, ICICI Securities, SBI Capital Markets, Nuvama Wealth Management, HDFC Bank, Avendus Capital, Morgan Stanley India Company, Citigroup Global Markets India, J.P. Morgan India, HSBC Securities and Capital Markets (India), IDBI Capital Markets & Securities, 360 ONE WAM, Anand Rathi Advisors, DAM Capital Advisors, Pantomath Capital Advisors and Equirus Capital.
Shares of NSE will list on its rival exchange BSE (Bombay Stock Exchange), as Sebi’s rules don’t allow the exchange to list its shares on own platform on account of manipulation fear.
2nd Attempt To List NSE
NSE had first filed draft offer documents in 2016 to raise around Rs 10,000 crore through an offer-for-sale by existing shareholders.
However, the proposal was put on hold after Sebi raised governance concerns linked to the exchange’s co-location case. Since then, NSE has approached the regulator multiple times seeking approval to proceed with its listing.
About the Author
Varun Yadav is a Sub Editor at News18 Business Digital. He writes articles on markets, personal finance, technology, and more. He completed his post-graduation diploma in English Journalism from the I…Read More
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