NSE files DRHP with SEBI for 6% IPO worth ₹30,000-32,000cr
Business
The National Stock Exchange (NSE) is about to kick off what could be India's biggest IPO ever, filing its Draft Red Herring Prospectus (DRHP) with SEBI on Wednesday, June 17, 2026.
By offering 6% of its shares, NSE is eyeing a massive ₹30,000 to ₹32,000 crore public debut, making headlines with a potential market cap of ₹5 lakh crore.
NSE to list on BSE
NSE plans to list on the Bombay Stock Exchange (BSE), hoping to attract more investors and boost trading activity. SEBI will review the paperwork before giving the green light.
LIC, NSE's one of the largest public shareholders at 10.72%, is unlikely to sell any stake in the IPO, while others like SBI and Bank of Baroda are among the likely selling shareholders in the IPO.