NSE IPO: Radhakishan Damani poised for ₹9,000 crore windfall
NSE is finally gearing up for its much-awaited IPO, with regulatory approval expected soon.
Billionaire investor Radhakishan Damani holds a 1.58% stake—worth about ₹9,300 crore—which actually tops his investments in Trent and VST Industries combined.
For Damani, this listing could be a major boost.
What makes NSE special?
NSE is India's biggest stock exchange, handling trading in shares, debt instruments, and derivatives.
It's known for its strong tech infrastructure and leads the pack in cash equity trading—a big reason why investors are watching this IPO closely.
NSE's path to IPO and profit numbers
After settling key legal cases like co-location and dark fiber issues, NSE has cleared the path to go public.
SEBI Chief Tuhin Kanta Pandey confirmed all major hurdles are out of the way, so the IPO could hit markets by late 2025.
Also worth noting: NSE posted a 47% jump in net profit this year to ₹12,188 crore—adding even more buzz around its debut.