After nearly 10 years, NSE files for 30,000cr IPO
Business
After nearly 10 years of waiting, the National Stock Exchange of India (NSE) has filed for its IPO.
It is planning to raise as much as ₹30,000 crore by selling a nearly 6% stake, letting early investors cash out.
If it hits the top end, this will be India's largest IPO ever, beating Hyundai Motor India's record from 2024.
NSE holds 92.99% of cash equities
NSE isn't just big; it's huge in Indian markets, holding 92.99% of cash equities and 99.79% in equity futures and 100% in exchange-traded currency options as of fiscal 2026.
Globally, it's been the leader in equity derivatives trading for seven years straight.
With fiscal 2026 revenues at ₹16,601 crore and profits at ₹10,302 crore, NSE could soon join India's top 10 most valuable companies if the IPO goes as planned.