NSE gets SEBI nod to launch IPO after 2016 application
Big news: The National Stock Exchange (NSE) just got the green light from SEBI to launch its IPO, ending a wait that started back in 2016.
This approval, given on January 30, 2026, is a huge step for India's top stock exchange as it finally heads toward going public.
NSE's IPO will be a pure offer for sale
NSE's IPO will be a pure offer for sale from existing shareholders—about 4-4.5% of shares held by nearly 1.91 lakh people.
SEBI's NOC allows NSE to appoint bankers and advisers to prepare the Draft Red Herring Prospectus (DRHP), and market estimates suggest about an 8-9 month timeline to launch the IPO, with the listing likely late 2026.
Current estimates value NSE at around ₹5 lakh crore.
NSE is India's largest stock exchange
NSE is India's largest stock exchange.
It made investing way more accessible when it brought internet trading to India in 2000 and has played a major role in shaping how people invest today.
NSE faced some regulatory bumps
NSE faced some regulatory bumps—including filing a settlement application in June 2025 over co-location and dark fiber cases and offering to pay about ₹1,400 crore, with provisions of ₹1,297 crore and a ₹100 crore deposit.
SEBI's department issued a No-Objection Certificate (NOC) without waiting for the High-Powered Advisory Committee (HPAC), allowing NSE to appoint bankers and advisers to prepare the Draft Red Herring Prospectus (DRHP) and move ahead with IPO preparations.