Mumbai, June 18 -- The National Stock Exchange of India (NSE) has moved a step closer to its long-awaited public listing, filing its Draft Red Herring Prospectus (DRHP) with the market regulator. The filing has also brought into focus the exchange's diverse shareholder base, which includes several public sector institutions, insurance companies, and prominent individual investors.

According to the DRHP, state-owned insurance giant Life Insurance Corporation of India (LIC) is the single largest shareholder among entities holding 1 per cent or more of NSE's pre-offer equity share capital, with a stake of 10.72 per cent, comprising 265.27 million equity shares.

Among other public sector investors, State Bank of India (SBI) holds 3.23 per c...